It appears that the SEC has officially made their appeal on the Judge Torres' ruling that XRP is not a security.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F4WNBgkz%2F264-D011-E-3-D7-B-474-A-9-A80-D57-B4-CB58-A1-C.jpg&t=655&c=pDSnNvB2St6qJQ)
The US Security and Exchange Commission (SEC) will appeal the ruling that Ripple XRP is not a security, according to a filing by the commission.
The official appeal reads:
Specifically, the SEC seeks to certify the Court’s holding that Defendants’ “Programmatic” offers and sales to XRP buyers over crypto asset trading platforms and Ripple’s “Other Distributions” in exchange for labor and services did not involve the offer or sale of securities under SEC v. W.J. Howey Co., 328 U.S. 293 (1946).”
Source https://watcher.guru/news/us-sec-will-appeal-judge-ruling-that-ripple-xrp-is-not-a-security
Ripple did not make an official response, however, their Chief Legal Officer shared his thoughts on social media.
The SEC does not have the “right” to appeal just yet which is why they are asking permission to file an “interlocutory” appeal. Ripple will file its response with the Court next week. Stay tuned.
Source https://twitter.com/s_alderoty/status/1689400889046667264
In any case, I predict the judge to make another favorable ruling for Ripple. This might be another chance to make a trade on another XRP pump hehehehee.