The article discusses the divided opinions within the XRP community regarding Ripple’s appeal against the SEC. The SEC head, Gary Gensler, initially believed that no new rules were needed for digital assets. However, this appeal challenges that belief. A former SEC official, Marc Fagel, acknowledged the significance of the case but mentioned the tough criteria for such appeals. Another XRP supporter hinted at legal issues and questioned the SEC’s claims. Fagel reminded them of the SEC’s past wins in crypto cases and stated that more than one mixed ruling is needed to determine a trend. Meanwhile, Ripple’s trading sentiment is bearish, and the outcome of the case remains uncertain.
AI Sentiment: Neutral