Odaily Planet Daily News A judge rejected Terraform Labs’ application to dismiss the U.S. SEC’s charges, while refusing to use another judge’s ruling that “Ripple’s sale of XRP to retail investors through exchange intermediaries does not violate securities laws.” Previously, Terraform Labs filed an application to dismiss the SEC lawsuit, saying that the regulatory agency had fully demonstrated that it had jurisdiction. The judge stated that the crypto industry failed to meet industry standards of “huge economic and political significance” and therefore Terraform’s application could not apply. (CoinDesk)