Judge Analisa Torres has approved SEC's appeal request
XRP vs SEC Lawsuit: New Timelines
As contained in the notice published by Judge Torres, she said she has reviewed the motion for interlocutory Appeal from the US SEC as filed on August 9 as well as the counter response opposing the move as filed by blockchain payments firm, Ripple Labs Inc on August 16.
🚨BREAKING: Judge Torres has GRANTED the @SECGov’s request to leave to file an interlocutory appeal in the @Ripple case.
Timeline included 👇🏼 pic.twitter.com/QQ7NAQF5sH
— Eleanor Terrett (@EleanorTerrett) August 17, 2023
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Having considered the merits of the arguments from both parties, Judge Torres said the SEC’s request is granted and gave the markets regulator until August 18 to file its motion to oppose. The Judge was magnanimous in that she gave Ripple Labs up to September 1 to file its opposition papers.
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