币界网报道：Ripple CEO Brad Garlinghouse announced the company is dropping its cross-appeal in the SEC case, marking an end to the years-long legal battle. In an X post, Garlinghouse stated Ripple is moving forward to focus on building the "Internet of Value." The SEC had accused Ripple of conducting an unregistered $1.3 billion securities offering through XRP sales. While Judge Torres ruled programmatic sales didn't violate securities laws due to their blind bid process, she found institutional sales did constitute securities violations, resulting in a $125 million fine. The announcement follows Judge Torres' denial of a joint request to lift an injunction, which would have allocated $50 million of Ripple's $75 million penalty to the SEC. Ripple had initially decided against filing a cross-appeal in March.