The US Securities and Exchange Commission (SEC) has filed an appeal against a court ruling in favor of Ripple, a cryptocurrency company. The SEC had previously opposed two XRP sales and requested the right to appeal the decision. Ripple had scored a partial victory earlier this summer, but the battle between the company and the SEC is ongoing. The SEC’s response comes after the deadline for Ripple to present its opposition passed on September 1.
AI Sentiment: Negative
