Ripple vs SEC Update: SEC Blocks Emergency Motion, Appeal Status Questioned

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The long-running XRP lawsuit has taken another unexpected turn—one that’s even left legal experts scratching their heads. The U.S. Securities and Exchange Commission (SEC) has now confirmed that the Ripple case is fully in the appeal phase. In a letter to Judge Analisa Torres, the agency urged the court to reject an emergency filing from Justin Keener—a third party previously sued by the SEC—who claimed to have “decisive evidence” that could impact the case.