SEC Hasn’t Met Requirements to Argue for an Appeal, Ripple Says
Ripple made its case to a federal judge for why the U.S. Securities and Exchange Commission shouldn’t be able to appeal her ruling on its programmatic sales of XRP on Friday.
lawsuits
SEC Can Try to Appeal Groundbreaking XRP Ruling, Judge Rules
A federal judge has let the U.S. Securities and Exchange Commission (SEC) argue it can appeal against her ruling that Ripple didn’t violate securities laws in making XRP available to retail traders by putting it on exchanges. Judge Analisa Torres, of the U.S. District Court for the Southern District of New York, granted the request … Read more
XRP Ruling Needs Appeals Court Review, SEC Says
The U.S. Securities and Exchange Commission (SEC) asked for permission on Friday to appeal a federal judge’s ruling that XRP sales through exchanges didn’t violate securities law, a day after the judge said the SEC could present its argument. The SEC petitioned Judge Analisa Torres, of the U.S. District Court for the Southern District of … Read more