The United States Securities and Exchange Commission (SEC) has been dealt another setback in its ongoing legal battle against Ripple Labs. District Court Judge Analisa Torres has dismissed the SEC’s interlocutory appeal motion. On October 3, Judge Torres based her decision on the regulator’s failure to convincingly demonstrate “controlling questions of law” and “substantial grounds for differences of opinion.”
While this stands as a setback for the SEC, it doesn’t mark the end of the litigation. The trial has been scheduled for April 23, 2024, to further examine the outstanding issues of the case.
Jeremy Hogan, a well-regarded lawyer in the XRP community, emphasized the impact of this recent ruling, “the SEC’s motion for interlocutory appeal DENIED. Which means, the case either goes to trial in April, or goes away. AND, this Order allowed the Judge to explain parts of her ruling even better, making appeal that much harder for the SEC to win.”
Echoing these sentiment
We współpracy z: https://bitcoinist.com/ripple-sec-key-dates-post-interlocutory-win/
