Judge Analisa Torres has granted the SEC’s request for appeal. Once the motion is filed, the defense will have until Sept. 1 to respond.
Judge Analisa Torres has granted a request from the United States Securities and Exchange Commission to file a motion for leave to file an interlocutory appeal in its case against Ripple Labs. The securities regulator sent a letter to Torres on Aug. 9, saying her decisionAccording to U.S. law, an interlocutory appeal occurs when a ruling by a trial court is appealed while other aspects of the case are still proceeding. The decision allows the SEC to file a motion by Aug.
They first argued that an appeal requires a pure question of law and that the SEC’s request raises no new legal issues that need to be reviewed. They also argued that the SEC’s claim of an incorrect court ruling on the matter is not sufficient and that an immediate appeal will not advance the termination litigation proceedings.
Reminder - the request for appeal doesn’t change the fact that XRP is not a security. That’s not up for debate / trial. But the SEC continues to claim that Chris and I acted recklessly in believing that XRP is not a security. That’s utter nonsense. 1/2
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
SEC Can Argue for Right to Appeal Groundbreaking XRP Ruling in Ripple Case, Judge SaysA federal judge will let the U.S. Securities and Exchange Commission file a motion that, if granted, would allow it to appeal a ruling that XRP transactions through exchanges didn’t violate securities laws.
Leer más »
Judge in Ripple case grants SEC request to file interlocutory appealA New York judge granted the SEC's request to file a motion for leave to file an interlocutory appeal in an ongoing dispute with Ripple.
Leer más »
Bitcoin & Ethereum After Ripple Wins SEC Case: Preparing for an AdvanceCryptocurrencies jumped after a US judge ruled on Thursday that Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges. Technical charts suggest Bitcoin and Ethereum could be preparing for another leg higher.
Leer más »
Ripple could secure complete win in SEC lawsuit according to attorney Bill MorganRipple's partial victory catalyzed massive inflows from institutional investors, according to a recent report by CoinShares. This supports a bullish thesis for
Leer más »
XRP Price Prediction: SEC vs. Ripple lawsuit’s 100% rally could be just the startXRP price rallied nearly 100% after Ripple scored a partial victory against the US Securities and Exchange Commission (SEC) in the SEC vs. Ripple laws
Leer más »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Low liquidity exposes BTC and crypto markets to manipulationBitcoin (BTC) price has broken from consolidation, sliding south as cryptocurrency market players decry a shrinking volatility. The same goes for Ethe
Leer más »