Mere hours after Judge Torres issued an order with regard to the Pretrial, the SEC Motion for Leave to File an Interlocutory Appeal around the sale of XRP.
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.
”…To give context, an interlocutory appeal is an appeal of a non-final order issued during the course of litigation.Attorney Jeremy Hogan took to X and questioned the SEC’s latest decision. He also clarified the SEC’s intent behind filing for the appeal.Note that it is NOT appealing whether XRP itself is a security – just its losses on the programmatic and individual sales issues.
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