Ripple’s chief legal officer, Stuart Alderoty, confirmed that the U.S. Securities and Exchange Commission has not appealed the court’s ruling that XRP is not a security.

The lawyer’s comment was in response to the news that the SEC filed a Form C civil appeal. Ripple attorney James K. Filan confirmed that the SEC did indeed file documents with the Court of Appeals.

Ripple is set to file its own cross-appeal to challenge the ruling on institutional sales, and both sides are bracing for a lengthy process that could change how digital assets are classified and regulated in the future. Alderoty urged to watch Ripple’s Form C filing this week.

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