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Hold your horses, the battle between the Securities and Exchange Commission and Ripple isn’t quite over yet.
Yesterday, the SEC filed to appeal the $125 million judgment in its case against Ripple.
The case, which is now as old as a human toddler — with its four-year anniversary coming up in December — has been a long and hard-fought court case between the two parties.
Both the SEC and Ripple had until Oct. 7 to decide if they were going to pursue an appeal.
An SEC spokesperson told Blockworks that it filed the appeal because it believes the decision “conflicts with decades of Supreme Court precedent and securities laws.”
Read more: SEC’s enforcement director announces…
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