Odaily Planet Daily News: Analisa Torres, a district judge in the Southern District of New York, has ruled that Ripple did not violate federal securities laws by conducting programmatic sales of XRP to retail customers through a trading platform. However, Ripple's 1,278 institutional sales transactions violated securities laws and fined it $125.035 million, far less than the $1 billion in disgorgement and prejudgment interest and $900 million in civil penalties required by the SEC. Although the case is allegedly over, the U.S. Securities and Exchange Commission (SEC) is expected to appeal the ruling, which means that related legal matters may be prolonged. (Coindesk)