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Opinion: The ruling on the Ripple case from last August is still valid, and Ripple may need to appeal to overturn the fine.
[Viewpoint: The ruling on the Ripple case from last August is still valid, and Ripple may need to appeal to overturn the fine] FOX Business reporter Eleanor Terrett stated on platform X that the ruling by Judge Torres on the Ripple case from last August is still valid, which means Ripple still needs to pay the $125 million fine. Although the SEC has agreed in principle to waive its appeal on programmatic/Secondary Market sales, Ripple has not yet agreed to waive its own appeal against the $125 million fine and the ongoing injunction, which prevents it from selling XRP to institutional investors without registering these sales as securities. Sources indicate that technically, Ripple is now the plaintiff rather than the defendant. Ripple can choose to continue appealing the fine and injunction, or it can withdraw the fine and injunction.