Legal experts believe the SEC will file an appeal, but the regulator remains undecided, creating uncertainty for XRP.
Ripple is confident in its legal position, and analysts foresee a potential bullish breakout for XRP despite the looming appeal.
Following the development of the SEC’s appeal against Ripple, CNF highlighted its effect has put the XRP community on edge, current updates in the ongoing Ripple vs. SEC lawsuit suggest that an appeal from the U.S. Securities and Exchange Commission (SEC) is expected. According to legal experts, the SEC seems poised to challenge Judge Torres’ rulings on the XRP case.
As shared on his X account, former SEC attorneys Marc Fagel and James Farrell have expressed confidence that the SEC will file an appeal, emphasizing that not doing so would reflect poorly on the regulator. The SEC has two weeks left before the deadline to submit the appeal.
#SECvRipple Update: Well, the odds have increased of an appeal. @Ripple and SEC have agreed to an arran

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