The USA Securities and Change Fee has filed a letter of intent to request an interlocutory attraction to Decide Analisa Torres’ July thirteenth abstract judgment in its ongoing authorized battle in opposition to Ripple Labs.
In an Aug. 9 letter to Decide Torres, the SEC defined it believed her determination warrants a recent look by an appellate court docket.
“Interlocutory evaluate is warranted right here. These two points contain controlling questions of legislation on which there’s substantial floor for variations of opinion as mirrored by an intra-district cut up that has already developed,” the SEC wrote.
The SEC added a “well timed appellate evaluate’ is warranted given the variety of actions presently pending that could be affected by how the Court docket of Appeals resolves the problems at hand.
The submitting comes almost a month after Ripple scored a partial victory over the regulator over the authorized classification of XRP (XRP).
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