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Outcome of Ripple's Cross-Appeal Against SEC by End of 2025
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Resolution / Starting Odds
Ripple Wins • 25%
SEC Wins • 25%
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Dismissed • 25%
Outcome of the cross-appeal as reported by major financial news outlets or court records
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Ripple Escalates SEC Battle, Files Cross-Appeal to Preserve Legal Arguments
Oct 10, 2024, 05:06 PM
Ripple Labs has announced it will file a cross-appeal in its protracted legal battle with the U.S. Securities and Exchange Commission (SEC) over the sale of XRP tokens. The dispute began with the SEC's lawsuit in December 2020 and has extended over several years. Ripple's cross-appeal is intended to preserve its legal arguments following the SEC's appeal, escalating the conflict to a higher U.S. court. The SEC has not yet specified what it plans to appeal, and its next filing is expected to outline these details.
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