Crypto Firm Ripple Pushes Back Against SEC's Appeal Efforts in Ongoing Legal Battle

In a recent legal document submitted on Friday, Ripple counters the U.S. Securities and Exchange Commissions (SEC) request to escalate their ongoing litigation to an appellate court. The crypto firm contends that the SEC has not established adequate grounds for an appeal and insists that doing so will not expedite the cases resolution. Ripples pushback follows a July ruling by Judge Analisa Torres of the Southern District of New York, who determined that Ripples XRP sales to institutional buyers were in violation of federal securities laws. However, she found no such violation concerning...

source: https://tokenpost.com/Crypto-Firm-Ripple-Pushes-Back-Against-SECs-Appeal-Efforts-in-Ongoing-Legal-Battle-10614

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