SEC Submits Last-Minute Appeal in High-Profile Ripple Case — but There’s Good News for XRP Holders
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The United States Securities and Exchange Commission took the next step in appealing Judge Analisa Torres’ previous ruling in the protracted legal dispute with Ripple.
On late Thursday, the formidable regulator filed a Civil Appeal Pre-Argument Statement — also known as Form C — against certain aspects of Torres’ summary judgment in favor of Ripple. However, the legal status of the controversial XRP cryptocurrency will not be targeted as part of the regulator’s appeal.
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