Judge Torres ruled in July that Ripple violated federal securities law in how it sold XRP to institutional investors, but that it had not done so with retail investors. Another judge in the same court, Judge Jed Rakoff, disagreed with the judgment when he ruled on a different case, also brought by the SEC. The regulator pointed to this in its first memo and Friday’s filing as part of its bid to convince Torres to allow the so-called interlocutory appeal, allowing an appellate court to take up some legal questions while the case is still progressing in the original court.
SEC pushes again resolution on Bitwise 10 Crypto Index ETF overlaying BTC, ETH, XRP, ADA
Key Takeaways The SEC has prolonged the assessment interval for the Bitwise ETF proposal to July 31, 2025. The proposal...
