Judge rejects SEC’s motion to file an appeal against Ripple ruling By Cointelegraph
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District court judge Analisa Torres has rejected the United States Securities and Exchange Commission’s (SEC) motion to appeal its loss against Labs, the company responsible for issuing the XRP (XRP) token.
In an Oct. 3 court order, Judge Torres denied the SEC’s motion, claiming that regulator failed to meet its burden to show that there were controlling questions of law or that there were substantial grounds for differences of opinion on the matter.
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© Reuters.
District court judge Analisa Torres has rejected the United States Securities and Exchange Commission’s (SEC) motion to appeal its loss against Labs, the company responsible for issuing the XRP (XRP) token.
In an Oct. 3 court order, Judge Torres denied the SEC’s motion, claiming that regulator failed to meet its burden to show that there were controlling questions of law or that there were substantial grounds for differences of opinion on the matter.
Continue Reading on Coin Telegraph