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<h2 id="header-0">Ripple Lawyers Challenge SEC&#39;s Appeal Request Over XRP Classification</h2><p>Ripple&#39;s legal team has argued that the United States Securities and Exchange Commission (<strong><a href="https://www.coingabbar.com/en/crypto-currency-news/coinbase-challenges-secs-authority-seeks-dismissal-of-lawsuit" rel="noopener noreferrer nofollow">SEC</a></strong>) has not met the requirements for an appeal in their lawsuit. The SEC had sought to appeal a July court decision that deemed the XRP token not largely qualifying as a security. Ripple&#39;s lawyers stated that &#34;exceptional circumstances required for interlocutory appeal&#34; were absent and urged the judge to deny the request. The lawsuit, ongoing since December 2020, has seen exchanges delist XRP, but some have started relisting it following the court&#39;s decision. A jury trial for the case is proposed for Q2 2024.</p><p>Source - https://www.coingabbar.com/en/crypto-shorts-news </p>

Ripple Lawyers Challenge SEC's Appeal in XRP Lawsuit

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