Ripple's lawyer, Fred Rispoli, has outlined the company's strategy for its ongoing legal battle with the SEC. He mentioned the potential use of state-level securities laws, known as blue sky laws, as a critical component in Ripple's counter-appeal. These laws protect investors from fraudulent practices and unregistered securities sales, and their invocation could complicate the SEC's arguments. Ripple's CEO, Brad Garlinghouse, reiterated XRP's non-security status and criticized the SEC's handling of the case. The SEC has appealed a federal judge's ruling that stated Ripple's programmatic sales of XRP to retail investors did not violate federal securities laws.



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