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What's next in the ripple vs SEC lawsuit?

XRP News: Lawyers reveal what's next in the long-running Ripple vs SEC lawsuit including an appeal, settlement, and fine. Coinbase's appeal is critical. Ripple files its opposition brief along with supporting declarations and exhibits in the Ripple Vs SEC lawsuit today.

Why did the SEC Sue ripple?

From day one, Ripple has said the SEC's suit against the company (and its CEO and Chair) was baseless and yet another attempt to regulate through intimidation and enforcement. The Court’s July 13 decision is a landmark ruling, not just for Ripple, but for the entire U.S. crypto industry.

Will the SEC appeal the ripple decision?

Given that the SEC already tried—and failed —to file an appeal in the Ripple case before Torres's final decision, the agency will likely again appeal the ruling, including the matter of secondary sales and the penalty.

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