**SEC Appeals Ripple Ruling, XRP Drops 12%**

- On October 2, the US Securities and Exchange Commission (SEC) filed an appeal against Judge Torres' ruling that the sale of XRP was not a security transaction.

- Stuart Alderoty, Ripple's chief legal officer, called the decision "disappointing but not surprising" and said the company is considering a cross-appeal.

- Ripple CEO Brad Garlinghouse vowed to continue fighting and stressed that XRP is not a security.

- The news sent XRP down 12%, falling below $0.53, its lowest level in three weeks 📉.

🚀 Blockchain is still a technology with great potential!