🚨 Ripple Considering Cross Appeal!

Ripple’s Chief Legal Officer Stuart Alderoty has announced that Ripple is exploring a cross appeal in their ongoing case with the SEC. This cross appeal could challenge the $125M penalty or the ruling on institutional sales by Judge Torres, all bundled into one Second Circuit case.

Here’s the key timeline:

Ripple has 14 days to file this cross appeal, starting tomorrow.

💡 What does this mean?

✨Ripple is standing firm, fighting back against the SEC’s decision to appeal, which many see as a last-ditch effort. The Court rejected the SEC's claims of recklessness, and there’s no fraud or victims in this case.

✨The SEC’s actions, under its current Chair, continue to engage in what many call "litigation warfare" against the crypto industry. Ripple remains ready to take the lead for the entire crypto space in the appellate court.

✨Interestingly, the SEC’s Enforcement Director resigned just one hour before this development! Coincidence?

The battle continues, but Ripple is ready to prove its case again!

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