The SEC said it will appeal a judge's ruling regarding its lawsuit against Ripple, and the company that holds the most number of $XRP tokens has said it will stand its ground. Did the SEC make the right move,

The Securities and Exchange Commission (SEC) has appealed a federal court's 2023 finding that sales of Ripple's XRP token to retail traders on crypto exchanges are not securities transactions.

The SEC Wednesday filed to appeal a 2023 court ruling that XRP is not considered a security when sold to retail investors on exchanges.

Ripple (XRP) broke down from an ascending support trend line. The price also decreased under the $0.55 horizontal area. Is the correction over, or will

XRP, the native token of Ripple, experienced a significant decline of over 12% on Thursday, dropping to 51 cents per coin, following the US Securities and Exchange Commission’s (SEC) announcement to appeal a pivotal court ruling.

Ripple’s native crypto, XRP price dropped by a massive 10% as the US Securities and Exchange Commission (SEC) announced that is taking the legal battle to the 2nd U.S. Circuit Court of Appeals. The commission is appealing a July 2023 ruling that declared XRP sold by Ripple Labs is not a “security”.