SEC Appeals Judge's Decision on Ripple's XRP, Ripple Urges Trial Continuation

Recent developments have emerged surrounding Ripple Labs and the U.S. Securities and Exchange Commission (SEC). Ripple Labs CTO, David Schwartz, shed light on the SECs intention to file an appeal following a recent court ruling. In a ruling on July 13, Judge Analisa Torres stated that XRP, when traded on digital asset platforms, does not classify as a security. The SEC, however, did not take this lying down and has moved to challenge the judges decision. David Schwartz emphasized the importance of streamlining the legal procedures by merging appeals rather than addressing them separately....



source: https://tokenpost.com/SEC-Appeals-Judges-Decision-on-Ripples-XRP-Ripple-Urges-Trial-Continuation-10545

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