The SEC recently filed an appeal in its ongoing case against Ripple Labs. However, the appeal does not challenge the court's previous ruling that XRP is not a security. Instead, the SEC is focusing on Ripple's XRP sales on exchanges, personal sales by Ripple executives Brad Garlinghouse and Chris Larsen, and XRP distributions for non-cash consideration. Ripple's Chief Legal Officer, Stuart Alderoty, emphasized that the ruling on XRP’s non-security status remains intact. The legal process is expected to continue until July 2025, with both parties preparing to submit briefs in the coming months. Source: Cointelegraph
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