Bullet points of SEC Files Notice of Appeal in Case Against Ripple

Bullet points of SEC Files Notice of Appeal in Case Against Ripple
- The SEC has announced its intention to appeal a federal judge's ruling in its case against Ripple.
- The judge ruled that Ripple violated federal securities law through its institutional sales of XRP, but not through its programmatic sales to retail exchanges.
- The SEC had attempted to file an interlocutory appeal against the motion for summary judgment, but was denied by the judge.