Ripple Counters SEC’s Appeal Request
Ripple contends that there is no justification for the SEC to appeal its partial loss while the case remains unresolved. Ripple’s legal team has presented three primary arguments in response to the SEC’s appeal request: Аn appeal requires a pure question of law and that the SEC’s request raises no new legal issues that need to be reviewed. SEC’s argument that the court ruled incorrectly on the matter is not sufficient. An immediate appeal will not advance the termination litigation proceedings.
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Ripple contends that there is no justification for the SEC to appeal its partial loss while the case remains unresolved.
Ripple’s legal team has presented three primary arguments in response to the SEC’s appeal request:
- Аn appeal requires a pure question of law and that the SEC’s request raises no new legal issues that need to be reviewed.
- SEC’s argument that the court ruled incorrectly on the matter is not sufficient.
- An immediate appeal will not advance the termination litigation proceedings.
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