Terra

James

Coin

<ul class="news-points"> 
 <li><strong>SEC appeals Ripple’s lawsuit win, citing substantial legal differences in Judge Torres’ ruling.</strong></li> 
 <li><strong>Judge Torres categorized XRP sales to institutional investors as securities, differing from programmatic sales.</strong></li> 
 <li><strong>Judge Rakoff’s dismissal prompts SEC’s interlocutory appeal in Ripple’s case, sparking community debate.</strong></li> 
</ul> 
<p>While the crypto community celebrated <a href="https://coinedition.com/victory-is-ours-lawyers-community-celebrate-best-day-in-crypto/" rel="noopener noreferrer nofollow">Ripple’s win</a> in the SEC lawsuit a few days ago, the battle continues as the regulatory body seeks to appeal against Judge Analisa Torres’ ruling. In order for its request for an interlocutory appeal to be granted, the securities regulator stated that Judge Torres’ decision regarding Ripple’s structured sale of XRP and other disbursements revolved around “controlling questions of law on which there is substantial ground for differences of opinion.”</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRPCommunity?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRPCommunity</a> <a href="https://twitter.com/hashtag/SECGov?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#SECGov</a> v. <a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ripple</a> <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> BREAKING: SEC Files Letter outlining its basis for filing a Motion for Leave to File an Interlocutory Appeal regarding “Programmatic” offers and sales to XRP buyers over trading platforms and Ripple’s “Other Distributions.”…</p>— James K. Filan 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1ee-1f1ea.png" alt="🇮🇪" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@FilanLaw) <a href="https://twitter.com/FilanLaw/status/1689387153812230144?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 9, 2023</a> 
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<p>On one hand, Judge Torres ruled that the …</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/sec-capitalizes-rakoffs-terra-rejection-files-appeal-against-xrp-ruling/">SEC Capitalizes Rakoff’s Terra Rejection, Files Appeal Against XRP Ruling</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

SEC Capitalizes Rakoff’s Terra Rejection, Files Appeal Against XRP Ruling

Coin Edition

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