The U.S. Securities and Exchange Commission (SEC) has filed an appeal to challenge Judge Torres’ latest ruling in Ripple’s favor, in which she ruled that XRP is not classified as a security.

The appeal is currently pending in the U.S. Court of Appeals, but there is speculation in the community that Ripple and the SEC could settle the case within the 14-day period.

One XRP supporter has expressed the opinion that the SEC may push for a higher fine than the initial $125 million. However, former SEC lawyer Mark Fagel is convinced that the appeal is not about the fine.