The U.S. Securities and Exchange Commission (SEC) confirms that the Ripple lawsuit is fully in the appeal phase.
The SEC rejects an emergency filing from Justin Keener, a third party previously sued by the SEC, who claimed to have 'decisive evidence' that could impact the case.
Confusion arises due to the discrepancy between the SEC's and Ripple's claims about the appeal's status, creating uncertainty in the high-stakes crypto case.
The outcome of the XRP lawsuit could have significant implications for the entire crypto market and how U.S. regulators treat digital assets in the future.