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.
jumps to $76k as Iran says Strait of Hormuz ’completely open’ By Investing.com
Investing.com-- jumped above $76,000 on Friday after Iran declared the Strait of Hormuz completely open to commercial traffic during the...
