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The $XRP Army is on fire after the SEC formally filed a Form C in its bid to overturn a 2023 ruling in its lawsuit against Ripple, the world's largest holder of the $XRP token.

IBTimes

United States

$XRP Army Trends On X As SEC Hounds Ripple In 'Late' Appeal Filing

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Following the SEC’s Form C appeal in the Ripple Case, Ripple is expected to file its own Form C in the next seven days, according to its chief legal officer Stuart Alderoty.

Cointelegraph

SEC’s Ripple appeal doesn’t challenge XRP non-security status

Ripple said there are no surprises in the US Securities and Exchange Commission’s (SEC) last-minute Civil Appeal Pre-argument statement (Form C) filing in their ongoing legal battle. On Oct. 17, the SEC took further steps to appeal specific elements of Judge Analisa Torres’s ruling in its case against Ripple by submitting the long-awaited Form C to the US Court of Appeals for the Second Circuit. Last year, Judge Torres’s decision favored Ripple …

CryptoSlate

Ripple resolute as SEC does not appeal verdict XRP is not a security, focuses on exchange sales

Ripple said there are no surprises in the US Securities and Exchange Commission’s (SEC) last-minute Civil Appeal Pre-argument statement (Form C) filing in their ongoing legal battle. On Oct. 17, the SEC took further steps to appeal specific elements of Judge Analisa Torres’s ruling in its case against Ripple by submitting the long-awaited Form C […] The post Ripple resolute as SEC does not appeal verdict XRP is not a security, focuses on exchang…

Bitcoin Insider

The U.S. Securities and Exchange Commission (SEC) is appealing the outcome of its lawsuit against Ripple Labs, but the appeal notably does not seek to designate XRP as a security.On Oct. 17, the SEC filed its Form C Civil Appeal Pre-Argument Statement concerning last year’s ruling from Judge Analisa Torres in the agency’s lawsuit against Ripple Labs.In August 2023, Torres fined Ripple Labs $125 million for violating federal securities laws throu…

The Defiant

SEC’s Ripple Appeal Makes No Attempt To Classify XRP As A Security

The post Legal Case to Last Until July 2025 appeared on BitcoinEthereumNews.com. The US Securities and Exchange Commission (SEC) filed its appeal on Thursday regarding the Ripple (XRP) case. This high-profile case continues to draw significant attention from the community, as its outcome could have far-reaching implications. However, there has been a minimal impact on the price of XRP. SEC Files Appeal In Longstanding Ripple (XRP) Case According…

Bitcoin Ethereum News

Legal Case to Last Until July 2025

The Securities and Exchange Commission (SEC) has pushed ahead with its appeal against Ripple, submitting its Form C just 24 hours after the original deadline had passed. This move comes as the clock ran out, leaving many in the crypto community surprised. SEC Does Not Challenge XRP’s Security Status The SEC’s appeal does not contest the court’s earlier ruling that XRP is not a security. The agency is also not challenging the $125 million fine or…

$XRP Army Trends On X As SEC Hounds Ripple In 'Late' Appeal Filing

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