đ¨ Ripple vs. SEC Update! đ¨
Ripple's Chief Legal Officer, Stuart Alderoty, confirmed the SEC has NOT appealed the court's ruling that XRP is not a security. The SEC did file a Form C, but it's not challenging the core decision. Ripple plans to file its own cross-appeal soon.
đ XRP remains stable, trading at $0.5468, up 1.74% this week. The crypto market's overall growth is 0.59%, reaching a $2.36 trillion cap.
The legal battle could extend until July 2025, with both sides preparing extensive arguments. Stay tuned for Ripple's Form C filing this week!
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