📣 According to Ripple attorney James Filhan, the SEC's appeal filed in the case against Ripple does not challenge its decision last year that XRP is not a security when traded on exchanges.
✅ However, the SEC objected to some aspects of the court's summary judgment decision.
The cases involve individual exchange trades and personal sales of XRP by Ripple CEO Brad Garlinghouse and co-founder Chris Larsen.
✅ The SEC's case against Ripple will last until July 2025.