Judge Torres issued a ruling that XRP is not a security when it's sold on a crypto exchange to retail customers, and thus those are not entitled to any protection by SEC.

This decision is considered by many people as very weird. Will it be appealed and overturned?

See: https://archive.is/IpLXD

See: https://www.investopedia.com/sec-vs-ripple-6743752

See: https://cointelegraph.com/news/sec-file-appeal-ripple-case-brad-garlinghouse

(I'm not a lawyer and have generally no idea what I'm doing so any kind of corrections and comments are welcome)