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Watcher guru posted that there is now an appeal for XRP not being a security. This is false.

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by COINS NEWS 80 Views

BREAKING: Files Letter outlining its basis for filing a Motion for Leave to File an Interlocutory Appeal regarding “Programmatic” offers and sales to XRP buyers over trading platforms and Ripple’s “Other Distributions.” -James Filan

“From everything I’ve learned about interlocutory appeals from the brilliant legal minds in this space, they are notoriously tricky to get approved. This will need to get blessings from both Judge Torres and the Second Circuit in order for this to be granted.” -Eleanor Terrett

Judge Torres has already stated that XRP sold on the secondary market is not a security. This is only for the programmatic sales of XRP. Appealing this to judge Torres is only a sad and desperate attempt. This is just another government organization wasting tax payers money.

Also comical that watcher guru only ever sites themselves. As if they are an actual news source

submitted by /u/Historical-Yak595
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