SEC vs. Ripple: SEC Appeal Sends XRP to $0.50
On Wednesday, October 2, the Securities and Exchange Commission filed a Notice of Appeal, signaling its intent to appeal rulings in the SEC v Ripple case.
The SEC filing, just days before the appeal window closed, gave no clues on which rulings the agency plans to challenge. Pro-crypto lawyer James ‘MetaLawMan’ Murphy predicted the SEC to appeal two rulings: