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How Likely Is an SEC Appeal in the Ripple (XRP) Lawsuit? Lawyer Chips In

  • A potential appeal by the SEC in the Ripple (XRP) lawsuit is estimated to have a 60% chance.
  • The recent ruling determined that the sales of XRP on secondary markets to retail investors did not constitute securities transactions.
  • Speculation arose that the SEC would appeal the decision before the October 7 deadline.
  • American attorney Fred Rispoli believes that appealing and getting Ripple affirmed would benefit all litigants in the 2nd Cir fighting the SEC.

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