Ripple Faces Increased Odds of SEC Appeal as Legal Case Escalates  

• Ripple is set to pay $125 million in fines, much lower than the SEC’s initial demand of $2 billion.
• The SEC has yet to confirm if it will appeal, but attorney Fred Rispoli believes the odds of an appeal are rising.
• Large XRP transactions worth millions have been tracked amid ongoing speculation about the Ripple-SEC legal battle.

Ripple’s ongoing legal battle with the Securities and Exchange Commission (SEC) has taken a new turn, with increasing speculation of an appeal by the regulator. Fred Rispoli, a prominent attorney closely following the case, shared new insights on X, pointing to recent developments that suggest the SEC may contest Ripple’s legal victories.

Attorney Shares Latest Ripple-SEC Case Update

Rispoli revealed in a recent post that the likelihood of an appeal by the SEC has risen. This speculation follows Judge Analisa Torres’s ruling that Ripple should pay $125 million in fines, significantly less than the $2 billion requested by the SEC. The reduced fine comes with an arrangement that 111% of the total judgment will be placed in a trust. This fund will only be released after 30 days of the appeal deadline or once the appeal concludes.

Increasing Chances of Appeal Amid SEC’s Silence

According to Rispoli, while this arrangement does not guarantee an appeal, the move suggests that the SEC is being vague about its intentions. He emphasized that the possibility of an appeal remains, although Ripple lawyers have received no definitive word from the SEC. The attorney’s assessment indicates a notable increase in the odds of an appeal, which could prolong the case and impact Ripple’s future.

Despite the growing uncertainty, Rispoli urged the XRP community not to panic, assuring them that any ruling on the potential appeal would not occur until 2026. Additionally, he pointed out that the SEC’s broader crackdown on other cryptocurrencies has significantly weakened in recent months. The agency’s actions, which include lawsuits against various exchanges and labeling certain altcoins as securities, have not had the desired impact.

Large XRP Transactions Spark Speculation

Amid the legal drama, large XRP transactions have been drawing attention. Whale Alert, a crypto transaction tracking platform, reported several massive XRP movements totaling over 150 million tokens. These transfers, worth millions, were sent between anonymous wallets and major cryptocurrency exchanges like Bitso and Bitstamp, further fueling speculation about market movements during this uncertain time.