The SEC has appealed in the Ripple lawsuit, not challenging XRP’s status but its sales. Lawyer Jeremy Hogan believes exchanges will retain XRP listings regardless of the appeal’s outcome. The crypto community is engaged in discussions about the appeal’s implications. The SEC aims to reassess the perspective on Ripple’s sales, not the legal status of XRP. Even if the SEC wins the appeal, exchanges are likely to keep XRP listed. Concerns have been raised about the implications for XRP’s status and legal classification. The mention of the SEC vs. Telegram case and the lack of “functional equivalents” under the law were highlighted. Exchanges should not have a reason to delist XRP as long as they source it from secondary markets rather than directly from Ripple.
AI Sentiment: Neutral
