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SEC drops appeal against Ripple $XRP , but legal battle continues The U.S . Securities and Exchange Commission (SEC) has agreed to withdraw its appeal against Ripple, pending Commission approval, according to former Fox Business reporter Eleanor Terrett on X . The decision means Judge Torres' August ruling, which found that Ripple’s programmatic XRP sales did not violate securities laws, remains in place. However, Ripple has not dropped its own appeal challenging the $125 million fine and the injunction restricting XRP sales to institutional investors without SEC registration. Sources suggest the next move is in Ripple’s hands, as the company could either continue appealing the fine and injunction or choose to drop the case. It remains unclear whether the SEC will seek further negotiations regarding the district court ruling. If the appeal withdrawal is approved, the SEC will no longer actively pursue charges against Ripple, bringing a four-year legal battle closer to an end.