Sign up for State of Crypto, our weekly newsletter examining the intersection of cryptocurrency and government

The Securities and Exchange Commission (SEC) is appealing a federal judge’s ruling in its yearlong legal battle against Ripple over sales of its XRP token. This extends the battle over whether Ripple violated securities laws,

Ripple Labs has filed a notice of cross-appeal in its ongoing legal battle with the US Securities and Exchange Commission (SEC). The filing, submitted to the US Court of Appeals for the Second Circuit, is Ripple’s bid to challenge certain aspects of the Aug. 7 final judgment.

Ripple has filed a cross-appeal against the SEC’s decision to appeal the initial ruling in its favor. The SEC’s appeal seeks to overturn the ruling

Ripple announced on October 10 that it would file a cross-appeal with the U.S. Court of Appeals for the U.S. SEC vs. Ripple lawsuit. The decision came after the U.S. Securities and Exchange Commission filed a notice for appeal to Judge Torres’s final judgment in August of this year.

Ripple evaluates potential cross-appeal in response to SEC's appeal over a $125 million fine related to XRP sales.