A law veteran casts doubt on Ripple’s appeal in the ongoing legal battle against the SEC regarding the classification of XRP. Previously, the head of the SEC had stated that the digital assets industry did not require additional regulation, but the recent appeal request contradicts that stance. The law veteran acknowledges the importance of the raised concerns but expresses doubts about the chances of approval for the request due to the challenging requirements for interlocutory appeals. The article also includes information about the financial analyst and trader who provided the analysis.
AI Sentiment: Negative
