The #SEC has filed an appeal regarding certain aspects of the court's ruling in favor of #Ripple particularly concerning the sales of $XRP by executives Brad Garlinghouse and Chris Larsen.
However, the appeal does not challenge the ruling that $XRP
is not a security. Ripple's legal team plans to respond with their own filing, and the appeal process is expected to take several months, with full proceedings likely continuing into July 2025. Will this dump XRP's price? It’s uncertain, but the market often reacts to regulatory news. #XRP #SEC #Ripple #Cryptocurrency #LegalBattle