币界网报道：A U.S. judge has denied Ripple Labs' motion to reduce its $125 million penalty in the ongoing SEC lawsuit over XRP sales. The ruling maintains that Ripple must pay the full civil penalty for allegedly violating securities laws through unregistered institutional sales of XRP. While the court previously determined XRP itself is not a security, it found Ripple failed to register its institutional sales properly. The SEC had initially sought a $2 billion fine, but the $125 million settlement was negotiated last year. Ripple argued the penalty was excessive given its cooperation and the lack of fraud allegations, but Judge Analisa Torres upheld the amount, citing the need for deterrence. The decision comes as Ripple continues expanding its global payments network despite legal challenges, with CEO Brad Garlinghouse recently announcing new partnerships in Africa and Asia. Legal experts suggest this ruling could influence how other crypto firms approach regulatory compliance in institutional sales.