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US SEC Submits Appeal Brief To Challenge Ripple's XRP Sales Ruling

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US SEC appeals district court’s decision, claiming XRP sales are 'investment contracts' Case centers on whether Ripple 's sales of XRP to retail investors constitute unregistered securities transactions.

Ripple's Chief Legal Officer, Stuart Alderoty , called the SEC 's appeal “a rehash of already failed arguments” Ripple CLO confident as Trump nominates crypto-friendly Paul Atkins to head SEC .