Ripple Pushes Back Against SEC’s Appeal Request in XRP Case🧑🏻⚖️
#Ripple disagrees with the SEC's bid for an interlocutory appeal regarding the recent summary #judgment by U.S. District Court Analisa Torres on July 13.
Ripple's lawyers argue that since the SEC couldn't meet the Howey test criteria in relation to XRP distribution, the Court should deny the appeal motion.
They suggest the #SEC should appeal after a final judgment with a complete record. Ripple's Chief Legal Officer, Stuart Alderoty, stresses that no extraordinary circumstances exist to justify departing from regular legal procedure, emphasizing that all issues among all parties should be settled before an appeal.
