The SEC is contemplating an appeal against a judge’s decision in the XRP lawsuit that favored Ripple. This move comes after a former SEC attorney highlighted the possibility that Judge Torres’ July 2023 ruling could be challenged. However, legal experts believe the chances of the appeals court overturning the decision remain slim.
There are also concerns about whether the 75,000 XRP holders who signed a petition in support of Ripple committed perjury. The legitimacy and impact of their signatures might become a key point of discussion as the case progresses.
