The ongoing legal battle between Ripple and the U.S. SEC has intensified as the SEC files an appeal against Ripple. The central focus of this appeal is the $125 million fine levied on Ripple concerning its institutional sales activities.
Interestingly, the XRP community is left in uncertainty regarding whether this appeal extends to other facets of the case, such as programmatic sales.
This case remains pivotal for the cryptocurrency industry, underscoring the significant implications of regulatory actions and clarifications.
