SEC Expected to Appeal XRP Ruling in Ripple Case
Ripple celebrates a legal win over XRP, but the SEC’s likely appeal keeps the controversy alive as tensions escalate.

Ripple celebrates a legal win over XRP, but the SEC’s likely appeal keeps the controversy alive as tensions escalate.
Ripple’s chief legal officer has welcomed a court ruling confirming that XRP is not a security, though Ripple will pay a $125 million fine related to historical sales. Ripple hopes to avoid further legal action as it focuses on business growth.
Ripple-SEC closed-door meeting cancelled, raising speculation about procedural delays and impacting XRP's price and regulatory outlook.
XRP faces volatility due to legal uncertainties with the SEC, causing a price drop and increased trading activity.
The crypto exchange is pursuing an appeal following a recent court decision that denied its motion to dismiss, specifically targeting the SEC's authority to classify secondary trades as investment contracts.
The SEC has taken a pivotal step by finally pursuing an appeal in response to a consequential XRP ruling made by Judge Analisa Torres last month.
After expressing disappointment on the XRP ruling, SEC Chair Gary Gensler is continuing his tirade against crypto while skillfully evading the agency’s forthcoming actions.
Legal expert John Deaton suggests the SEC's challenge could be complex given the nuances of the Howey Test.
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