Ripple’s Legal Wins Remain Intact Despite Court Denying Cross-Appeal

Despite a recent court decision denying Ripple’s motion on a cross-appeal, the company maintains its previous victories. Ripple’s Chief Legal Officer, Stuart Alderoty, has clarified that this denial does not alter the outcome of the case regarding XRP classification as not a security. Judge Analisa Torres determined the motion was procedurally incorrect and required a higher legal standard under Federal Rule of Civil Procedure 60.