District court judge Analisa Torres has denied the United States Securities and Exchange Commission's (SEC) motion to file an appeal against the Ripple ruling from July.
District court judge Analisa Torres denied the SEC's motion to file an appeal, claiming that the regulator did not meet its burden to show that were substantial grounds for difference of opinion.District court judge Analisa Torres has rejected the United States Securities and Exchange Commission's motion to file an interlocutory appeal against the recent Ripple ruling.
"The SEC’s motion for certification of interlocutory appeal is denied, and the SEC’s request for a stay is denied as moot."
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