The Ripple vs. SEC lawsuit is nearing a critical appeal deadline after four years of ongoing litigation.
The U.S. Securities and Exchange Commission (SEC) filed the lawsuit in 2020, accusing Ripple of selling XRP tokens as unregistered securities.
In the latest courtroom development on August 7, the court imposed a hefty $125 million penalty on Ripple.
The cryptocurrency community is eagerly awaiting new developments and the potential impact on the price of XRP.
