Appeals and institutional sales aftermath

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Stuart Alderoty, CLO of Ripple, reaffirmed that XRP’s legal status as a non-security remains unchanged, a position echoed by legal experts despite the court’s decision on institutional sales
Ripple and the SEC must determine whether to resume their paused appeals, with the SEC required to submit a status update by August 15, raising the possibility that the legal battle may extend into 2026
The District Court upheld the injunction prohibiting Ripple from selling XRP to US institutional investors and left the $125 million penalty intact, rejecting the parties’ attempt to modify the judgment

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