Circuit

Status

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 <li><strong>The SEC has filed File C, challenging rulings that cleared Ripple executives and non-cash XRP distributions.</strong></li> 
 <li><strong>Stuart Alderoty states that the SEC hasn’t appealed the court’s decision on XRP’s non-security status.</strong></li> 
 <li><strong>The SEC missed its deadline, drawing criticism from industry experts and community members.</strong></li> 
</ul> 
<p>The Securities and Exchange Commission (SEC) has filed a late appeal against the XRP ruling.&nbsp;</p> 
<p>Despite the delay, the SEC submitted Form C to the U.S. Court of Appeals for the Second Circuit on Thursday. The regulator is partly challenging the court decision, appealing the rulings that cleared Ripple executives and non-cash XRP distributions. Ripple’s Chief Legal Officer Stuart Alderoty highlighted that the SEC has not appealed the court’s decision on XRP’s non-security status.</p> 
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   <p lang="en" dir="ltr">No surprises here — once again it’s been made clear. The Court’s ruling that “XRP is not a security” is NOT being appealed. That decision stands as the law of the land.<br><br>Stay tuned for Ripple’s Form C to be filed next week. <a href="https://t.co/m9molUGSBv" target="_blank" rel="nofollow">https://t.co/m9molUGSBv</a></p>— Stuart Alderoty (@s_alderoty) <a href="https://twitter.com/s_alderoty/status/1847065095580332223?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 18, 2024</a>
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<p>The <a href="https://coinedition.com/ripple-lawsuit-sec-appeal-could-delay-decision-until-2026/">SEC filed an appeal</a> to Judge Analisa Torres’ judgment in th…</p>
<p>The post <a href="https://coinedition.com/sec-appeals-xrp-ruling-but-not-its-non-security-status/">SEC Appeals XRP Ruling, But Not Its Non-Security Status</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

SEC Appeals XRP Ruling, But Not Its Non-Security Status

Coin Edition

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