Judge rejects SEC's request to appeal Ripple's decision

The ongoing legal dispute between the SEC and Ripple Labs added a new chapter when Judge Analisa Torres denied the SEC's request for an interlocutory appeal on October 3.

With no motion to appeal, both parties are gearing up for a hearing set for April 23, 2024. The ruling could reshape regulatory norms in the crypto landscape.

Ripple's native cryptocurrency, XRP, jumped 5% and was trading at 0.54 at press time.

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