<ul><li>SEC may appeal after a $125M fine vs. Ripple, reduced from a $2B request.</li><li>The court ruled that secondary XRP sales are not securities, which is pivotal for Ripple.</li><li>Legal experts suggest potential lengthy appeals, extending the 4-year battle.</li></ul>A new update has emerged in the prolonged legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs as the possibility of an appeal by the SEC looms large. The SEC, which <a href="https://cryptotale.org/xrp-wins-big-against-sec-court-confirms-its-not-a-security/" rel="noopener noreferrer nofollow">recently</a> saw its $2 billion penalty request significantly reduced to $125 million, may challenge the court’s decision regarding classifying XRP sales on secondary markets as non-securities. This ruling, delivered by District Judge Analisa Torres, has been pivotal in the ongoing conflict between Ripple and the SEC, with both sides claiming partial victories.Ripple&#39;s Partial Win and SEC’s Potential Next MoveRipple Labs is celebrating what they view as a major win, especially given that the final penalty is drastically lower than what the SEC initially sought. Ripple had initially hoped for a fine as low as $10 million, but the final judgment landed at $125 million—still a significant reduction but 1,150% higher than Ripple’s proposal.Will the SEC Appeal the XRP Secondary Sales Decision?The SEC, however, has not conceded defeat. According to legal experts, <a href="https://x.com/Marc_Fagel/status/1821300712736805169" rel="noopener noreferrer nofollow">including</a> Marc Fagel and Preston Byrne, the SEC might focus its appeal on the July 2023 summary judgment, particularly the court’s decision that secondary XRP sales do not constitute securities. The SEC’s spokeswoman, speaking to Fox Business reporter Eleanor Terrett, <a href="https://x.com/EleanorTerrett/status/1821569849677467883" rel="noopener noreferrer nofollow">emphasized</a> that the court recognized the “egregiousness” of Ripple’s conduct, citing the likelihood of future violations.<a href="https://cryptotale.org/us-sec-may-appeal-ripples-court-ruling-experts-weigh-in/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

US SEC May Appeal Ripple's Court Ruling: Experts Weigh In

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