SEC FILES RIPPLE APPEAL IN CHALLENGE TO XRP SECURITIES OUTCOME

Summary from the TLDR Crypto newsletter

After losing its case against Ripple Labs, the SEC is now requesting an uncommon interlocutory appeal. The appeal is primarily focused on the previous ruling that deemed Ripple's XRP token's programmatic sales were not securities. The SEC argues that an interlocutory review would prevent potential lengthy processes in the ongoing case. Ripple Labs is set to respond to the SEC's request next week.