The US SEC has filed Form C with attachments to challenge the court’s previous ruling from August in the Ripple lawsuit. The securities agency wants to overturn parts of the decision but XRP’s status as a non-security will not be disputed.

While the SEC isn't contesting the ruling that XRP sales to retail investors aren't securities, it is instead focusing on other key aspects.

The $XRP Army is on fire after the SEC formally filed a Form C in its bid to overturn a 2023 ruling in its lawsuit against Ripple, the world's largest holder of the $XRP token.

The SEC has filed new documents as it continues to seek a reversal of a prior judgment in favor of Ripple Labs.