The United States Securities and Exchange Commission’s latest appeal in its case against Ripple doesn’t pose a challenge to the court’s ruling that XRP is not a security. On Oct. 16, the SEC filed a Form C civil appeal with a pre-argument statement against certain aspects of the court’s summary judgment in favor of the defendants in its XRP (XRP)

Ripple chief legal officer Stuart Alderoty says the recent filing by the US Securities and Exchange Commission (SEC) in its case against Ripple Labs does not appeal the ruling that XRP is not a security.

The SEC appealed Ripple’s case but not about its security status. This should be bullish for the coin, and Ripple could win the appeal.

The SEC has filed an appeal targeting Ripple's sales practices and executive involvement, while leaving XRP's non-security status intact.

The SEC has filed new documents as it continues to seek a reversal of a prior judgment in favor of Ripple Labs.

XRP responds positively after the SEC missed a key deadline for its appeal filing to challenge previous ruling in regards to XRP's status as a security.

The $XRP Army is on fire after the SEC formally filed a Form C in its bid to overturn a 2023 ruling in its lawsuit against Ripple, the world's largest holder of the $XRP token.

XRP sees volatility as the crypto community speculates about the SEC’s appeal filing delay in the Ripple case.