Appeals & negotiations

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Judge Analisa Torres denied a joint motion by Ripple and the SEC to modify an injunction and reduce Ripple’s penalty, blocking a negotiated resolution in June 2025
District Judge Analisa Torres ordered Ripple to pay a $125 million civil penalty for its institutional sales of XRP
Ripple and the U.S. Securities and Exchange Commission jointly requested to the court to reduce the $125 million penalty imposed on Ripple for its institutional sales of XRP to $50 million
Ripple abandoned its cross-appeal following Judge Analisa Torres’ denial of a joint motion, ending the legal battle between Ripple and the U.S. Securities and Exchange Commission

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Ripple abandons cross-appeal against SEC

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