SEC Not Giving Up: Appealing Ripple Case Decision, Seeking $2 Billion Fine

The SEC has appealed the Ripple case decision, believing it to be contrary to Supreme Court precedents and securities laws, and is seeking a $2 billion fine instead of the $125 million awarded by the court. Ripple CEO Brad Garlinghouse is confident that the SEC has lost the main point and XRP is not a security. It looks like the SEC has decided to continue its war on the crypto industry.