SEC seeks court approval to appeal Ripple ruling
The agency asserted that complex legal issues, particularly related to the Howey Test’s application by the court, justify a thorough review.
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“The SEC, like the Court, has an institutional interest in the most efficient ultimate resolution of this litigation,” the agency said.
SEC once again managed to blame Ripple:
“Defendants’ interest, by contrast, is to delay an ultimate resolution so that they may continue freely selling XRP into public markets without the disclosures that come with registration.”
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