SEC's Swift Appeal Plan Against Ripple Ruling Rejected by Judge - Progress Delayed Further in Crypto Lawsuit
The U.S. Securities and Exchange Commission's (SEC) request for an expedited appeal against the court's decision in its case with blockchain payments system Ripple has been denied by Judge Analisa Torres. The SEC's lawsuit alleges that Ripple's $1.3bn token offering equals an unregistered securities sale, claims which Ripple rebuffs. Ripple also achieved a victory in late March when the court ruled that Ripple execs' personal finances were not relevant to the case. #SEC #Ripple #CryptoCourtCase 💼⚖️🚫En Español: La jueza Analisa Torres denegó la solicitud de la Comisión de Bolsa y Valores de Estados Unidos (SEC) de una apelación acelerada contra la decisión del tribunal en su caso con el sistema de pagos blockchain Ripple. La demanda de la SEC alega que la oferta de tokens de 1.300 millones de dólares de Ripple equivale a una venta de valores no registrados, afirmaciones que Ripple rechaza. Ripple también logró una victoria a finales de marzo cuando el tribunal dictaminó que las finanzas personales de los ejecutivos de Ripple no eran relevantes para el caso. #SEC #Ripple #CryptoCourtCase 💼⚖️🚫
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