The US Securities and Exchange Commission (SEC) has filed Form C in its appeal against Ripple Labs.
The appeal focuses on specific aspects of the summary judgment favorable to Ripple, including XRP sales through exchanges, distribution of XRP, and sales of XRP by Ripple's executives.
The SEC does not appeal the ruling that XRP itself is not a security and the remedies and disgorgement ruling.
There is procedural ambiguity surrounding the timing of the SEC's filing, and missing the deadline could have consequences for the appeal.