The U.S. SEC is expected to appeal the ruling in the Ripple case, which may prolong the related legal matters

ChainCatcher news, according to CoinDesk, Judge Analisa Torres of the Southern District of New York has ruled that Ripple's programmatic sales of XRP to retail customers through trading platforms did not violate federal securities laws. However, Ripple's 1,278 institutional sales transactions violated securities laws, resulting in a fine of $125.035 million, significantly lower than the SEC's request for $1 billion in disgorgement and pre-judgment interest, as well as a $900 million civil penalty.

Although the case is reportedly concluded, the U.S. Securities and Exchange Commission (SEC) is expected to appeal the ruling, which means that related legal matters may be prolonged.