Lawyers and legal experts have weighed in on what the court’s rejection of an SEC appeal means for Ripple, XRP and the broader cryptocurrency industry moving forward.
Crypto lawyer Jeremy Hogan described the recent order as a “disaster” for the SEC, but other legal commentators are urging the community to temper its excitement for now.Crypto lawyers are seemingly divided over the significance of a recent court order from Judge Analisa Torres, which denied the United States Securities and Exchange Commission’s plan to file an interlocutory appeal against Ripple.
Bill Hughes, a lawyer at blockchain firm Consensys, told Cointelegraph that the rejection of the SEC’s appeal was something that he’d expected, explaining that it's not typical for such an appeal to make it through during this part of a trial. Similarly, Gabriel Shapiro, the General Counsel at Delphi Labs, warned crypto advocates to temper their excitement over the ruling, explaining that the decision wasn’t an all-out loss for the SEC.on X , Shapiro said that while the SEC’s motion for an appeal had been denied in this instance, the SEC could still appeal the case later.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SEC’s Motion to Appeal Loss in Ripple Case Is DeniedXRP rallied about 5% following the decision.
Read more »
Judge rejects SEC’s motion to file an appeal against Ripple rulingDistrict court judge Analisa Torres has denied the United States Securities and Exchange Commission's (SEC) motion to file an appeal against the Ripple ruling from July.
Read more »
Judge Torres rejects the SEC's motion for an interlocutory appeal in Ripple caseDistrict Judge Analisa Torres rejected the SEC’s move to certify for interlocutory appeal and set trial dates for next year.
Read more »
US SEC cannot appeal Ripple Labs decision, judge rules By ReutersUS SEC cannot appeal Ripple Labs decision, judge rules
Read more »
Ripple victory over SEC reaffirmed as Judge Torres denies regulator’s motion to appealRipple Labs victory over the US Securities and Exchange Commission (SEC) around mid-July has been reaffirmed after a federal judge rejected the commis
Read more »
Another Massive Win for Ripple (XRP): Judge Torres Dismissed SEC's AppealThe presiding judge, Analisa Torres, tossed SEC's appeal and set a date for trial.
Read more »