SEC Can Argue for Right to Appeal Groundbreaking XRP Ruling in Ripple Case, Judge Says

2023-8-17 21:11

A 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.

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Ripple legal chief refutes immediate SEC right to appeal pivotal XRP ruling

Ripple (XRP) chief legal officer Stuart Alderoty said the U.S. Securities and Exchange Commission (SEC) does not have the right to appeal the XRP ruling yet, according to an Aug. 10 tweet. Alderoty made this statement in response to a letter sent by the SEC outlining its intention to file a motion asking the Court […] The post Ripple legal chief refutes immediate SEC right to appeal pivotal XRP ruling appeared first on CryptoSlate.

2023-8-10 14:22


SEC says part of the Ripple ruling was ‘wrongly decided,’ hints at filing appeal

The U.S. Securities and Exchange Commission (SEC) said that a portion of the Ripple ruling was “wrongly decided,” according to documents filed in court on July 21. The part of the ruling referred to — the part that went against the SEC — stated that the sale of XRP on exchanges did not constitute a […] The post SEC says part of the Ripple ruling was ‘wrongly decided,’ hints at filing appeal appeared first on CryptoSlate.

2023-7-23 22:34