The U.S. Securities and Exchange Commission (SEC) has filed an appeal against Ripple, but it notably leaves XRP's non-security status unchallenged. This new development continues the long-running legal battle between the two, with Ripple maintaining a significant victory regarding XRP’s classification.

On October 16, the SEC submitted a civil appeal (Form C), seeking a review of certain court rulings in favor of Ripple. The focus of the SEC’s challenge revolves around Ripple's XRP sales on exchanges and the personal transactions by CEO Brad Garlinghouse and co-founder Chris Larsen. However, the appeal doesn’t dispute the July 2023 ruling that XRP is not considered a security, a critical win for Ripple that still stands.

Ripple's chief legal officer, Stuart Alderoty, reaffirmed on X (formerly Twitter) that the decision on XRP’s non-security status remains law. Meanwhile, Ripple is preparing its own response, expected within the next week.

The SEC's appeal mainly targets Ripple’s executives, accusing them of violating securities laws by selling XRP and allegedly aiding Ripple’s misconduct. The regulator seeks a re-examination of these issues by the court.

This legal saga is expected to stretch into 2025, as the SEC and Ripple align on a briefing schedule. Both parties are gearing up for a prolonged courtroom battle, but for now, XRP’s non-security status remains intact.

This case continues to shape the future of cryptocurrency regulation in the U.S., and Ripple’s early legal victories are seen as significant milestones for the industry.