The U.S. District judge’s partial ruling against SEC and in favor of Ripple and XRP could create a precedent the crypto industry can come back to over and over.
Ripple Labs bites back against SEC’s request to file appeal
Ripple’s chief legal officer said no “extraordinary circumstance” in the case exists which warrants the Court to accept the SEC’s request for leave.
Ripple case: SEC appeal unlikely as it gains from ‘current confusion’ — Haun Ventures CEO
An immediate appeal could only jeopardize the SEC’s “entire enforcement agenda,” said Katie Haun of Haun Ventures.
Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities
In January, lawyer John Deaton persuaded the Judge in the SEC vs. LBRY case that secondary LBC token sales don’t constitute a securities offering.
SEC argues recent court case weakens Ripple Labs’ ‘fair notice’ defense
The SEC filed a letter to further support its motion for summary judgment against Ripple Labs, citing a separate court case it had recently won.