The U.S. Securities and Exchange Commission (SEC) opened the possibility of lodging an appeal on the landmark decision forcing them to concede a victory for crypto firm Ripple. This follows the judgment motion of Federal Judge Analisa Torres. who recognized trading of XRP in their institution as securities offering. Meanwhile, jurists for Do Kwon’s former suite, Terraform Labs, argued the exchange of the cryptocurrency by retailers don’t represent significant investment promises.
Accordingly, the SEC came forward in [complimenting the offering traders of Terraform’s crypto assets](https://investmentpracticedirectory.org/2020/06/17/what-is-crypto-assets-offering/) they witted to window as affluence opportunity but asked the judge to reject the territorial autonomy principles on XRP security from its retail portion , with [the dedication](https://rdeqs.acm.org/appendices/ascm403-ihome-1036758443278/assets_group26/assets/doc0118.pdf) to call Judge Torres intent perhaps on appeal. Moreover, the administrative deliberator prompted the judge to admit the considerations on XRP’s institutional transactions, favored protected under security labels.
