tldr; The SEC has appealed the July 2023 ruling in its case against Ripple Labs, Inc., Bradley Garlinghouse, and Christian A. Larsen. The appeal was filed with the United States Court of Appeals for the Second Circuit on October 2, 2024. This follows a partial victory for Ripple, where Judge Analisa Torres ruled that some of Ripple’s XRP sales violated securities laws, while others did not. The SEC’s previous attempt at an interlocutory appeal was denied, but they were allowed to file a final appeal after summary judgment.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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tldr; The SEC has appealed the July 2023 ruling in its case against Ripple Labs, Inc., Bradley Garlinghouse, and Christian A. Larsen. The appeal was filed with the United States Court of Appeals for the Second Circuit on October 2, 2024. This follows a partial victory for Ripple, where Judge Analisa Torres ruled that some of Ripple’s XRP sales violated securities laws, while others did not. The SEC’s previous attempt at an interlocutory appeal was denied, but they were allowed to file a final appeal after summary judgment.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.