ChainCatcher news, Forbes reporter Eleanor Terrett said on the X platform that it contacted the U.S. Securities and Exchange Commission (SEC) to obtain its comments on the Ripple ruling, and a spokesperson gave it the following statement: "The court approved the SEC's motion for remedial measures, including an injunction prohibiting Ripple from further violating securities laws, and a significant civil penalty totaling 12 times more than the appropriate amount proposed by Ripple. As the court found, Ripple's "willingness to break the boundaries of the [court summary judgment] order" indicates that it is likely to cross the line in the end. The court also pointed out the "seriousness of Ripple's behavior" and pointed out that "there is no doubt that the extremely profitable behavior of repeatedly violating Section 5 is a serious violation of the law." As stated by multiple courts, regardless of the technology or labels used by companies, as long as they offer and sell investment contracts, securities laws apply."

Terrett said: "The reactions of both parties show that they both think they have the upper hand in this deal - Ripple is celebrating because the fine is $1.225 billion less than the amount originally proposed by the SEC. The SEC is also celebrating because Ripple now has to pay 12 times the amount it originally proposed, and the judge also agreed that the company violated securities laws. Based on all this, I think it is unlikely that either party will appeal the ruling on the remedy. I think it is more likely that the SEC will appeal the July 2023 ruling now that the final judgment has been made."