The Securities and Exchange Commission has appealed a court ruling in its case against Ripple Labs, under which the cryptocurrency company was fined $125M for improperly selling its XRP (XRP-USD) token.

The SEC has filed an appeal in the Ripple Labs vs SEC case ruling causing the prices of XRP to drop by approximately 14%. Timeline of the appellate.

The SEC has appealed a court ruling favoring Ripple Labs in their ongoing legal battle over XRP's status as a security, causing the cryptocurrency's price to drop while Ripple vows to continue fighting and considers a cross-appeal.

A federal judge ruled last year that the SEC had not made its case that Ripple violated securities law by selling XRP to retail customers through exchanges.

The US Securities and Exchange Commission appealed a court decision ordering Ripple Labs Inc. to pay a $125 million civil penalty for improperly selling its XRP token, a fraction of the $2 billion the regulator sought in a long legal battle with the cryptocurrency company.

Ripple Labs CEO Brad Garlinghouse vowed to fight the US Securities and Exchange Commission (SEC) in court after the regulator revealed its intention to appeal a district court’s ruling on its XRP token last year.

Ripple evaluates potential cross-appeal in response to SEC's appeal over a $125 million fine related to XRP sales.

The U.S. Securities and Exchange Commission (SEC) filed a notice of appeal against the historic ruling by Judge Analisa Torres in the Ripple case.

The Securities and Exchange Commission has until October 7 to appeal a controversial ruling in its high-profile legal battle with blockchain payments company Ripple

The SEC's recent appeal in the Ripple case puts the future of the XRP ETF and Ripple's market status in doubt.

The Securities and Exchange Commission (SEC) has finally appealed the July 2023 ruling by U.S. District Judge Analisa Torres that the programmatic sales of XRP didn’t constitute a securities violation.