Ripple has made the decision not to file a cross-appeal, indicating that its long-running legal battle with the SEC is coming to an end, Reuters reported on Tuesday.
Ripple CEO Brad Garlinghouse has previously announced that the SEC has withdrawn its appeal on a part of an earlier ruling.
A cross-appeal allows a party to a lawsuit to challenge different parts of a court decision.
Ripple's chief legal officer, Stuart Alderoty, has said that the SEC will keep $50 million of the fine, currently deposited in an interest-bearing escrow account, while $75 million will be returned to Ripple.
This agreement concludes a notable four-year legal battle initiated in December 2020 when the SEC accused Ripple of conducting an unregistered securities offering through XRP sales.