SEC has filed an appeal against a US federal judge's decision in its partially unsuccessful case against enterprise blockchain firm Ripple Labs.

“As expected, the SEC’s appeal brief is a rehash of already failed arguments — and likely to be abandoned by the next administration,” Ripple chief legal officer Stuart Alderoty wrote on X.

US SEC files appeal against district court ruling on Ripple's XRP sales, arguing all transactions are securities under Howey Test.