The U.S. SEC appeals the Ripple case, requesting the appellate court to reconsider the relevant ruling

ChainCatcher news, according to the preliminary brief filed by the SEC, the U.S. Securities and Exchange Commission has appealed the Ripple case, focusing on the dispute regarding whether XRP sales constitute a securities offering. The SEC argues that the lower court made errors in its interpretation of securities law in part of its ruling and requests the appellate court to reconsider the relevant decisions.