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Prominent legal expert Scott Chamberlain makes a bold prediction, stating that Judge Analisa Torres will deny the SEC’s interlocutory appeal request. 
In the wake of the SEC requesting to file an interlocutory appeal in the Ripple lawsuit, former lawyer Scott Chamberlain has made an audacious prediction regarding the request. 
In a tweet today, Chamberlain speculated that Judge Analisa Torres would deny the SEC’s interlocutory appeal&nbsp; <a class="editor-rtfLink" href="https://thecryptobasic.com/2023/08/10/sec-ignores-xrp-security-status-requests-to-appeal-ruling-on-ripple-programmatic-sales-of-xrp-only/" target="_blank" rel="noopener noreferrer nofollow">request </a>. According to Chamberlain, the judge will deny the request because&nbsp; “she studiously avoided new law.” 
<h2 id="span-data-preserver-spaces-true-chamberlain-highlights-how-sec-lost-span">Chamberlain Highlights How SEC Lost </h2> 
Chamberlain went further and highlighted Judge Torres’ decision and how the SEC lost the case. The legal expert noted that the judge found that XRP itself is not a security. 
He added that she accepted the SEC’s characterization of Ripple’s sales and distribution of XRP and applied the Howey test and its progeny to each of them. 
“She found the token is not the security, accepted the SEC’s characterization of the transaction ‘buckets’ to be analyzed, and simply applied Howey and its progeny to the SEC’s chosen buckets,”&nbsp; said Chamberlain. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 My bet: Judge Torres denies the request. She studiously avoided new law. 
</blockquote>... 
<a href="https://thecryptobasic.com/2023/08/10/legal-expert-says-judge-torres-will-deny-secs-appeal-request/" rel="noopener noreferrer nofollow">Read more</a>

Legal Expert Says Judge Torres Will Deny SEC’s Appeal Request

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