Fact Check: SEC Is "Not" Appealing XRP's Status As Not a Security

A request for expedited appeal in the Ripple $XRP lawsuit by the US Securities and Exchange Commission (SEC) appears to have created a misconception in the crypto market. Federal regulatory agency requested US SEC for an immediate appeal in response to the recent Summary Judgment delivered by Judge Analisa Torres. Many media publications and investors misunderstood it for the SEC’s challenge to $XRP’s status “not a security” as per recent $XRP ruling.