Odaily Planet Daily News Ripple Chief Legal Officer Stuart Alderoty issued a response to recent SEC-related actions on X, saying that the US Securities and Exchange Commission (SEC) currently has no "right" to appeal, which is why they requested permission to file an "intermediate" appeal . Ripple will file a response to the court next week.
Earlier news, the SEC has submitted a letter to Judge Analisa Torres of the Southern District of New York seeking an interlocutory appeal against two adverse liability rulings in the Ripple Labs case. The SEC stated that it is seeking to appeal part of the ruling, while other parts are entering the trial stage. Ripple has until August 16 to respond, and the SEC will submit a briefing on August 18.