The legal dispute between Ripple and the SEC at the appellate court has ended as both sides agreed to withdraw the appeal without the need for the judge's approval.
The withdrawal procedure follows federal court regulations; however, the penalty of 125 million USD for Ripple remains unchanged, not altered after this decision.
MAIN CONTENT
Ripple and the SEC agreed to withdraw the appeal at the appellate court under the 'stipulated dismissal' procedure.
No need for a signature or approval from the judge if there are no additional requests.
Ripple's penalty of 125 million USD remains unchanged, not reduced.
What is the latest ruling in the case between Ripple and the SEC?
The plaintiff and defendant have jointly signed a document agreeing to withdraw the SEC lawsuit against Ripple, causing the appellate trial to end without the need for the judge's approval.
This process is called 'stipulated dismissal' under the rules of the United States Federal Court, allowing the court to close the case when both parties agree without additional conditions.
This withdrawal of the appeal does not affect the initial ruling or the penalty applied, meaning the higher court will not continue to hear the case.
What does analyst Zach Rector say about this legal procedure?
Zach Rector, cryptocurrency analyst, stated that U.S. law provides that when both parties agree to withdraw the appeal, the court can automatically close the case without the judge's signature.
SEC vs Ripple is done. No sign off from Judge needed. The general rule in federal appellate courts is that both parties agreeing to dismiss an appeal (stipulated dismissal) does not always require a judge to sign off on it, particularly if it’s a straightforward dismissal.
Zach Rector, crypto analyst, 11/8/2025
He particularly emphasized that under Federal Rules of Appellate Procedure (FRAP) 42(b), a unanimous withdrawal of the appeal does not require certification from the judge if it is simply a case closure.
When is a judge's ruling necessary in the withdrawal procedure?
If the agreement to withdraw the appeal includes requests for modification of the ruling, such as reducing the penalty or settlement, official approval from the judge is required.
Marc Fagel, former SEC attorney, explains that rumors about Ripple's penalty being reduced from 125 million USD to 50-75 million USD are inaccurate.
Judge Torres refused to lower the penalty, so Ripple will still pay the full 125 million USD ordered by the court.
Marc Fagel, former SEC attorney, updated 2025
This confirms that the maximum penalty remains unchanged, despite the withdrawal of the appeal in the appellate court.
What is the conclusion about how the withdrawal of the appeal affects the lawsuit and the penalty?
The consensus to withdraw the appeal causes the appellate trial to end, although it does not require the judge's approval, it does not change the content of the initial ruling.
The penalty of 125 million USD that Ripple must pay remains unchanged, not reduced under any agreement regarding the withdrawal of the appeal.
Thus, although the trial continues no longer, the legal responsibility for the penalty and the initial decision remains fully effective.
Frequently asked questions
Why can the Ripple and SEC lawsuit end without a judge's signature?
In the event that both parties agree to withdraw the appeal unconditionally, according to FRAP 42(b), the court will automatically close the case without the need for a judge's approval.
Has the penalty Ripple must pay been changed?
The penalty of 125 million USD remains unchanged and the judge has refused to reduce the sentence, confirmed by statements from the former SEC attorney.
Does withdrawing the appeal mean Ripple is acquitted?
No, withdrawing the appeal only ends the appellate trial process, does not change the initial ruling or the imposed penalty.
What impact does the withdrawal of the appeal have on the cryptocurrency market?
The termination of the appellate trial helps reduce legal risks for Ripple, creating more clarity for investors and the market.
Who confirms the information about Ripple's ruling and penalty?
Former SEC attorney Marc Fagel is a reliable source who confirmed that the penalty was not reduced in the lawsuit.
Source: https://tintucbitcoin.com/phan-quyet-tham-phan-gay-tranh-cai/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated on the latest news about the cryptocurrency market and not miss any important information!
