Judge Analisa Torres has rejected the United States Securities and Exchange Commission’s (SEC) motion to file an interlocutory appeal against the recent Ripple ruling. In an Oct. 3 court order, Judge Torres denied the SEC’s motion as the SEC failed to meet its burden to show there were controlling questions of law or that there were substantial grounds for differences of opinion on the matter. On July 13, Judge Torres ruled partially in favor of Ripple, finding that retail sales of the XRP token did not constitute the legal definition of a security.
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Information | Details |
---|---|
Geography | North America |
Countries | 🇺🇸 |
Sentiment | neutral |
Relevance Score | 8 |
People | SEC, Analisa Torres, Ripple., Judge Torres |
Companies | SEC, XRP, United States Securities and Exchange Commission, Ripple |
Currencies | XRP, Bitcoin, Ethereum |
Securities | None |