Viewpoint: The ruling on Ripple case last August is still valid, and if the fine is to be removed, Ripple may need to appeal
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Golden Finance reported that FOX Business reporter Eleanor Terrett posted on X platform that Judge Torres's ruling on the Ripple case remained valid last August, meaning Ripple still has to pay a $125 million fine. While the SEC agreed in principle to waive appeals for programmatic/secondary market sales, Ripple has not yet agreed to waive its own appeal for a $125 million fine and ongoing injunction that prevents it from selling XRP to institutional investors without registering these sales as securities. Technically, Ripple is now the plaintiff, not the defendant, the source said. Ripple has the option to continue appealing fines and injunctions or to revoke them.