United

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  The SEC's interlocutory appeal comes nearly a month after Judge Analisa Torres laid out her non-final ruling. 
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<div class="cointelegraph"> 
 <p>The United States Securities and Exchange Commission has filed a letter of intent to request an <a rel="noopener noreferrer nofollow" title="interlocutory" href="https://thebittimes.com/tag/interlocutory.html">interlocutory</a> <a rel="noopener noreferrer nofollow" title="appeal" href="https://thebittimes.com/tag/appeal.html">appeal</a> to Judge Analisa Torres’ July 13th summary judgment in its ongoing legal battle against Ripple Labs.</p> 
 <p>In an Aug. 9 letter to&nbsp;Judge Torres, the SEC explained it believed her decision warrants a fresh look by an appellate court.</p> 
 <p>“Interlocutory review is warranted here. These two issues involve controlling questions of law on which there is substantial ground for differences of opinion as reflected by an intra-district split that has already developed," the SEC wrote.</p> 
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  <img src="https://cdn.thebittimes.com/images/2023/08/10/19c435992771f53b51a2afe50b9bd835.webp"> 
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 <p>The SEC added a "timely appellate review' is warranted given the number of actions currently pending that may be affected by how the Court of Appeals resolves the issues at hand.</p> 
 <p>The filing comes nearly a month after Ripple scored a partial victory over the regulator over the legal classification of XRP (XRP).</p> 
 <p class="post-content__disclaimer">This is a developing story, and further information will be added as it becomes available. </p> 
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SEC to seek interlocutory appeal in Ripple case

TheBitTimes

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