The legal team of Ripple Labs has requested the court to suspend the $125 million fine imposed on August 7, 2023. The U.S. Securities and Exchange Commission (SEC) has agreed to postpone the payment until after September 6. Ripple proposes depositing 111% of the judgment amount, approximately $139 million, into a bank account until the appeal period ends or the appeal outcome is determined. This move suggests that Ripple may object to this ruling and consider an appeal. Brad Garlinghouse, CEO of Ripple, referred to this ruling as a 'victory' and stated that the company will 'respect' the fine. The case was heard by Judge Analisa Torres. If Ripple chooses to appeal, it would mean that the dispute between Ripple and the SEC remains unresolved. SEC had accused Ripple of raising funds through the sale of XRP without registration. Previous court rulings indicated that trading XRP on exchanges does not constitute securities. Currently, XRP's price is $0.56, with a 0.15% increase over the past 30 days.