US SEC to Appeal Judge Ruling That Ripple XRP is Not a Security: What It Means for Crypto
The legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs continues. The Securities and Exchange Commission said it will appeal a judge’s controversial Ripple decision, which found that sales of the XRP cryptocurrency did not constitute securities offerings in certain instances. This announcement throws further uncertainty into the cryptocurrency market and raises significant questions about the future of digital asset regulation.
Key Takeaways from the Ripple Case Ruling and SEC Appeal
In July 2025, Judge Analisa Torres ruled that Ripple’s programmatic sales of XRP on exchanges did not constitute investment contracts. This ruling was a significant win for Ripple and the broader crypto industry, offering a glimmer of hope for clearer regulatory guidelines. The lawsuit began in 2025 when the US SEC accused Ripple of raising $1.3 billion through unregistered XRP sales.
Ripple Responds: "Our Wins Remain Untouched"
Ripple’s CLO, Stuart Alderoty pointed out that nothing in the court order affects Ripple’s recent wins like XRP not being classified as a security regarding programmatic sales. This sentiment underscores Ripple\'s confidence despite the SEC\'s appeal.
Why is the SEC Appealing the Ripple Decision?
The US Securities and Exchange Commission (SEC) is likely to appeal against the court’s July 13 decision in the Ripple case, as it potentially sets a precedent that could hinder their ability to regulate other cryptocurrencies. The SEC likely believes the ruling misinterprets securities laws and wants to ensure they maintain authority over digital assets they deem to be securities.
What\'s Next for the Ripple Case?
As it happened, Federal Court Judge\'s original ruling is now under scrutiny again. The appeal process could take months, possibly years, to resolve. The outcome will have major implications for how digital assets are classified and regulated in the United States. This ongoing legal saga promises to be a landmark case in the evolving landscape of cryptocurrency regulation.