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Pro-XRP Lawyer: Secondary Market Status Safe Despite SEC Appeal Vs. Ripple
- The SEC has initiated an appeal against the final ruling in the case against Ripple Labs.
- Pro-XRP lawyer Bill Morgan clarifies that the secondary market status of XRP is not up for debate.
- The appeal focuses on programmatic sales and other distributions of Ripple, while secondary sales remain outside its scope.
- There are expectations that Ripple will respond with a cross-appeal.
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