SEC May Appeal Ripple Case Ruling, Former Lawyer Suggests

According to Odaily, Fox Business journalist Eleanor Terrett revealed on the X platform that a former SEC lawyer, who recently left the agency, indicated that the SEC might appeal Judge Torres' ruling in the Ripple case from July 2023. The former lawyer mentioned that the decision to appeal is driven by a strong belief within the SEC that the ruling was incorrect and should be contested. The deadline for the SEC to file an appeal is October 7.