Fox News reporter: SEC responds to Ripple lawsuit ruling, satisfied with some of the court's decisions, but will still review the final verdict.

According to a tweet from a Fox News reporter on July 14th, the SEC has responded to the court ruling that XRP is not a security. The SEC stated that they are satisfied with some aspects of the ruling, but will still review the court's final decision. The SEC's response to the ruling is as follows: "We are satisfied with the court's ruling that Ripple, in certain circumstances, offered and sold XRP tokens in violation of the securities laws in the form of investment contracts. The court agreed with the SEC's position that the Howey test determines the securities analysis of crypto transactions, and rejected Ripple's self-created test for what constitutes an investment contract, emphasizing that Howey and subsequent cases have established that various tangible and intangible assets can be subjects of investment contracts. Additionally, the court rejected Ripple's fair notice argument, stating that the Howey test is clear and that claiming ignorance cannot be a defense against violating the securities laws. We will continue to review the court's decision." Previously, BlockBeats reported that Ripple won the ruling that XRP is not a security, which caused XRP to temporarily break through $0.9, with a 24-hour increase of 92.89%.