Ripple is expected to pay a civil penalty related to its institutional XRP sales once both Ripple’s cross-appeal of the institutional sales finding and the SEC’s appeal of the non-security ruling are withdrawn

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By dropping the appeal, Ripple accepts the court’s existing judgment. This includes the restriction on institutional XRP sales and the likely imposition of a $102.6 million penalty.
The outcome preserves XRP’s legal clarity in the U.S. market while finalizing the company’s settlement exposure. Ripple is expected to pay a civil penalty related to institutional sales, though the final amount is yet to be determined.