🚨 **SEC Files Appeal in Ripple Case – XRP Price Takes a Hit** 🚨

On October 2, 2024, the SEC officially filed an appeal in the ongoing lawsuit against Ripple. The regulatory body seeks to overturn the July 2023 ruling that stated XRP's secondary sales did not constitute securities transactions. This marks another major twist in the legal battle, sparking uncertainty in the crypto community.

As a result, XRP's price dropped by 12%, reflecting the nervousness among investors. Ripple, however, remains defiant, with legal chief Stuart Alderoty calling the SEC's move a "desperate ploy."

Stay tuned for updates on this crucial case that could reshape the future of crypto regulations. ⚖️📉 #Ripple💰 #XRP #CryptoNewss #SEC #CryptoRegulationUpdate