The US SEC has filed Form C with attachments to challenge the court’s previous ruling from August in the Ripple lawsuit. The securities agency wants to overturn parts of the decision but XRP’s status as a non-security will not be disputed.

While the SEC isn't contesting the ruling that XRP sales to retail investors aren't securities, it is instead focusing on other key aspects.

The SEC has appealed parts of a favorable ruling for Ripple in the ongoing XRP case, potentially extending the legal battle until 2025

The US Securities and Exchange Commission (SEC) has filed the Civil Appeal Pre-argument statement ( Form C) in the Ripple lawsuit. The filing is a last-minute appeal in the ongoing legal battle seeking to reverse U.S. District Judge Analisa Torres’ summary judgment in 2023.

Ripple chief legal officer Stuart Alderoty says the recent filing by the US Securities and Exchange Commission (SEC) in its case against Ripple Labs does not appeal the ruling that XRP is not a security.

The $XRP Army is on fire after the SEC formally filed a Form C in its bid to overturn a 2023 ruling in its lawsuit against Ripple, the world's largest holder of the $XRP token.