Fox reporter: Ripple will submit Form C today.

According to Wu's report, Fox Business reporter Eleanor Terrett has stated that Ripple will submit Form C today, outlining its appeal in the SEC case. Ripple plans to appeal the only part it lost, which is the court's ruling that its institutional sales of $XRP constitute the sale of unregistered securities. Ripple's Chief Legal Officer Stuart Alderoty expressed confidence in winning at the Second Circuit Court of Appeals in an interview, stating that the court has historically been cautious about the SEC's regulatory overreach. Ripple CEO Brad Garlinghouse also expressed strong confidence in the appeal outcome, believing that a victory in this case will have a significant impact on Gary Gensler's cryptocurrency regulatory agenda.