The U.S. Securities and Exchange Commission (SEC) is seeking a mid-case appeal against Ripple in response to a XRP ruling. Ripple’s Chief Legal Officer, Stuart Alderoty, argues that the SEC’s position has been inconsistent and calls for transparency and clarity in crypto regulation. The outcome of the appeal request now rests with Judge Analisa Torres, and if granted, the case will move to the Second Circuit Court of Appeals.
AI Sentiment: Negative
