Solution (source code)

= Solution

<Newton's second law> with the computed <Lorentz force> gives $m\dot v=-(B^2\ell^2/R)v$. Separating variables and imposing $v(0)=v_0$ yields
$$
\boxed{v(t)=v_0e^{-t/\tau},\qquad \tau=\frac{mR}{B^2\ell^2}.}
$$
The velocity vector is this scalar times $\hat{\mathbf x}$, and the characteristic decay time is positive for the stated parameters.