$XRP âïžSEC surprise move: Ripple case takes a new turn! đ âïžSEC surprise move: Ripple case takes a new turn! đ The crypto world was shocked by an unexpected turn in the battle between Ripple and the SEC. The U.S. Securities and Exchange Commission (SEC) just filed an objectionâbut it wasnât what most people expected! Instead of challenging the courtâs ruling on retail XRP sales, the SEC focused on Rippleâs institutional trading and personal sales by senior executives. đ Key highlights of the SECâs objection 1ïžâŁ Court request triggers new objection: The SEC explained that the court requested further clarification on last yearâs summary judgment. 2ïžâŁ Retail XRP sales unchallenged: To everyoneâs surprise, the SEC accepted the ruling that XRP sold to retail investors were not securities. This gave Ripple a major win on the retail side.