Ripple CEO Brad Garlinghouse has slammed the Securities and Exchange Commission (SEC) after XRP’s price dropped 11%, sarcastically suggesting that this “protection” is hurting investors. XRP fell to $0.5101 after the SEC announced it would appeal a previous ruling in the Ripple case. The appeal, which challenges a ruling on Ripple’s token sales of XRP, has weighed on the market. While XRP has recovered 4%, investors who bought in last week are still down over 9%.