<ul><li>A former SEC lawyer is confident that the regulator will likely appeal the ruling on the programmatic sales of XRP in the case against Ripple.</li><li>The legal battle between the SEC and Ripple Labs may take an unexpected turn as the SEC is reportedly not satisfied with the 2023 ruling.</li><li>In July 2023, Judge Analisa Torres ruled that Ripple's programmatic sales of XRP to retail investors did not violate securities laws, but direct sales to institutional clients did.</li><li>Ripple has requested a stay on the monetary portion of the judgment and deposited the judgment amount into a bank account, pending the appeal period.</li></ul>

SEC ‘Likely’ to Appeal XRP Programmatic Sales Ruling—Ripple’s Legal Saga Ongoing

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