There’s growing speculation that the U.S. Securities and Exchange Commission (SEC) is preparing to appeal the current judgment in the Ripple suit worrying XRP. This comes after Judge Analisa Torres ruled in favor of Ripple, mentioning that XRP is not a security when offered to retail financiers.
Legal specialists think the SEC’s case is compromised by its rejection to call secret witnesses. If the court guidelines in Ripple’s favor, it might improve how secondary sales of XRP are categorized, benefiting Ripple considerably. Even if an mistake is discovered, the case might return to Judge Torres, where the SEC may face more losses due to inadequate proof.
Amid the present unpredictability, one user positioned a concern on Twitter: if the SEC appeals, might the appeal be declined? Former S