Ripple previously opposed the SEC's motion saying the commission did not provide proof to back tagging retail sales of XRP as a securities violation.
Ripple has filed an opposition to the SEC's anticipated interlocutory appeal regarding last month's summary judgment.
A federal judge overseeing the SEC's lawsuit against Terraform Labs and Do Kwon has rejected the ruling of fellow judge Analisa Torres which found that XRP sold on secondary markets were not securities.
The SEC has signaled that it will appeal the ruling by Judge Analisa Torres about XRP not qualifying as a security. The ruling was cited by Do Kwon in his motion to dismiss the regulator's lawsuit against him.
SEC Chair Gary Gensler has expressed disappointment over Federal Judge Analisa Torres' recent summary judgment in SEC v Ripple.
Ripple’s Chief Legal Officer Stu Alderoty said the company hopes this quarter will generate conversation within the U.S. financial system...
Top leaders of the crypto industry, including Cardano founder Charles Hoskinson and Gemini's Cameron Winklevoss, congratulated Ripple on its victory in the lawsuit filed by the SEC.
Judge Analisa Torres has denied the SEC's motion to seal the infamous Hinman Documents. The regulator will have to hand over the documents to Ripple as part of the discovery process.