According to Foresight News, Stuart Alderoty, Chief Legal Officer of Ripple, commented on the "US judge has rejected Ripple and the SEC's application for a stay of appeal," saying, "With this, the ball is back in our hands. The court has given us two choices: reject our appeal against the historic institutional sales investigation results, or continue to appeal. Please stay tuned. In any case, XRP's legal status as a non security will not change. Meanwhile, everything remains the same