Ripple vs SEC: Anticipation Grows Over Potential Last-Minute Appeal in XRP Case
- Speculation arises over whether the U.S. SEC will appeal Judge Torres’ rulings in the XRP case.
- Former SEC lawyers believe an appeal is likely, with the agency having two weeks left to decide.
- Ripple’s CEO and CLO have denied intentions to appeal, securing a stay order on the $125 million penalty.
- XRP price has surged above $0.60 amid the lawsuit’s tensions.
Attorney Fred Rispoli suggests that the SEC might delay its decision on appealing until the last possible moment. He pointed out that the SEC’s actions in the Binance case hint at no immediate appeal against programmatic sales rulings.
With the appeal deadline looming, the outcome could have far-reaching implications for regulatory clarity and the future of cryptocurrency markets.
