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JUST IN: đșđž SEC files notice of appeal in the
Ripple
$XRP case.
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The SEC filed an appeal in the Ripple lawsuit, specifically the August 7 judgement wherein Ripple would pay $125m in civil penalty, lower than the $2bn requested by the SEC. Ripple has a 14-day window to file a cross-appeal to challenge SEC's appeal, per Fox Business reporter Eleanor Terrett. CEO Brad Garlinghouse also reiterated the final judgement, which was that XRP was not a security.
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