LATEST: Ripple Will Battle SEC Appeal in Court for as Long Needed

Ripple CEO Brad Garlinghouse has confidently committed to contesting the SEC’s appeal against a court ruling which affirmed that Ripple’s XRP token is not a security. This decision, initially made by New York District Court Judge Analisa Torres, marks a significant victory for Ripple, despite the SEC’s continued challenges. Garlinghouse criticized the SEC’s decision to appeal, highlighting the clarity of the original ruling which clearly supports the crypto community’s stance.

In an enduring commitment to legal clarity, Ripple’s leadership remains undeterred by the SEC’s latest legal move. “The law today recognizes XRP’s status as a non-security. This misguided appeal will not alter that fact,” Garlinghouse stated. The Ripple team, supported by Chief Legal Officer Stuart Alderoty, is prepared to defend this position throughout the appellate process, emphasizing the lawsuit’s lack of merit since its inception in 2020.

The legal proceedings are expected to extend until early 2026, with the Second Circuit Court not likely to issue a ruling before then. Despite this, Ripple’s legal team is ready to submit further briefs and engage in oral arguments as necessary, reinforcing their readiness to once again prove their case in court.

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