Judge Analisa Torres rejected the Securities and Exchange Commission's (SEC) request to certify a multi-level appeal seeking to overturn a recent court loss against San Francisco-based blockchain company Ripple Labs. 😮🎉
This is a big victory for Ripple, but the SEC did not lose the opportunity to appeal. Instead, the regulator will have to wait until the end of the trial and a final decision to appeal all relevant issues at once.
This is a big victory for Ripple, but the SEC did not lose the opportunity to appeal. Instead, the regulator will have to wait until the end of the trial and a final decision to appeal all relevant issues at once.