Ripple: SEC Veteran Teases Potential Appeal Path in Lawsuit

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Ripple: SEC Veteran Teases Potential Appeal Path in Lawsuit
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Speculations remain as SEC earlier tried and failed to file appeal in Ripple case

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In a discussion on X regarding the Ripple case, Marc Fagel, a former SEC regional director, recently shared his perspective on what such an appeal might look like, if one happens, shedding light on the likely direction it could take.Ethereum’s Vitalik Makes Major ETH Transfer to KrakenNot exactly. The SEC won on institutional sales, which were found to violate the law; Ripple won on"programmatic" sales . It is the latter which the SEC would be appealing .

A wildcard in the legal battle remains the slow nature of the appeals process, which means that any higher court ruling in the Ripple case is highly improbable until 2025, and any Supreme Court ruling would almost surely have to wait until 2026 or later.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends.

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