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Opinion: The ruling on the Ripple case in August last year is still valid. If the fine needs to be revoked, Ripple may need to appeal.
2025-03-19 16:19

Odaily News Crypto journalist Eleanor Terrett wrote on the X platform that Judge Torres' ruling on the Ripple case last August is still valid, which means Ripple still has to pay a $125 million fine. Although the SEC has agreed in principle to drop its appeal of programmatic/secondary market sales, Ripple has not yet agreed to drop its own appeal of the $125 million fine and ongoing injunction that prevents it from selling XRP to institutional investors without registering those sales as securities. Sources said that technically, Ripple is now the plaintiff rather than the defendant. Ripple can choose to continue to appeal the fine and injunction, or it can revoke the fine and injunction.