The U.S. SEC responds: satisfied with part of the court's ruling and will continue to review the ruling regarding Ripple

ChainCatcher news, according to FOX Business reporter Eleanor Terrett's tweet, the U.S. Securities and Exchange Commission (SEC) responded to the court's ruling regarding XRP, stating that it is satisfied with part of the ruling but will still review the court's final decision. Specifically, "We are pleased with the court's ruling that, in certain circumstances, Ripple offered and sold XRP tokens as investment contracts in violation of securities laws. The court agreed with the SEC's view that the Howey test determines the securities analysis of crypto transactions and rejected Ripple's self-created test for what constitutes an investment contract, instead emphasizing that Howey and subsequent cases have ruled that various tangible and intangible assets can be the subject of investment contracts. Furthermore, the court dismissed Ripple's fair notice argument, noting that the Howey test is clear and that claims of ignorance cannot serve as a defense against violations of securities laws. The SEC will continue to review this decision."