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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once both Ripple’s cross-appeal of the institutional sales finding and the SEC’s appeal of the non-security ruling are withdrawn
Ripple has announced it will prioritize development of the “Internet of Value,” global payment corridor expansion, and XRP Ledger adoption after dropping its cross-appeal in the SEC lawsuit
The lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC) over Judge Analisa Torres’ ruling that programmatic XRP sales are not securities will conclude when the SEC files a formal notice withdrawing its appeal of that ruling

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Ripple abandons cross-appeal against SEC

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