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SEC Files Appeal in Ripple Case Amid Controversy Over Allegedly Missed Deadline

  • The SEC has filed its appeal in the Ripple case, focusing on XRP’s programmatic sales and executive conduct.
  • Controversy arose over whether the filing was timely, with accusations of the SEC missing the deadline.
  • The appeal scrutinises both Ripple executives’ personal XRP sales and the company’s distribution methods.
  • Notably, the SEC is not contesting the US$125 million penalty or the decision denying disgorgement.

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