News with the tag "interlocutory appeal"

Prominent crypto exchange Coinbase is set to face a class-action lawsuit by some customers over accusations of selling securities as an unregistered dealer-broker. This latest development comes amid the exchange’s interlocutory appeal in an ongoing case with the US Securities and Exchange Commission...

The long-drawn legal battle between Coinbase and the US Securities and Exchange Commission (SEC) continues to provide more twists and turns in what may be a pivotal case in crypto regulatory history. In a recent development, the American crypto exchange has now filed a response to the commission’s p...

The SEC is evading the real issue, and the court was wrong to take its side, Coinbase claims in a defense of its interlocutory appeal.

Top US crypto exchange Coinbase is looking to file an interlocutory appeal in its lawsuit with the U.S. Securities and Exchange Commission (SEC) regarding the definition of an “investment contract.” In a new thread, Coinbase chief legal officer Paul Grewal says that the crypto exchange is filing an ...

Coinbase is seeking an interlocutory appeal in its ongoing court case with the US Securities and Exchange Commission (SEC). This petition marks the latest development in a highly-monitored lawsuit stretching as far back as June 2023. In a motion submitted on April 12, the American exchange is aiming...

Ripple Labs has filed its opposition to the U.S. Securities and Exchange Commission’s request for Judge Analisa Torres to certify an interlocutory appeal of her ruling regarding XRP. The crypto firm has argued that “the exceptional circumstances required for interlocutory appeal are absent.” Ripple ...

The United States Securities and Exchange Commission (SEC) recently filed an interlocutory appeal following Judge Analisa Torres’ ruling in favor of Ripple. However, an attorney and crypto enthusiast Greg Beuke believes the SEC made a mistake in appealing the decision. SEC Misunderstood Judge Torres...

Greg Beuke, an attorney and crypto enthusiast, took it to X, saying that the Ripple interlocutory appeal was a big mistake for the SEC. Beuke went on to say that Judge Torres’s ruling did not mean that sales over exchanges could not be investment contracts; hence the SEC misunderstood the filing. Me...

Ripple’s chief legal officer said no “extraordinary circumstance” in the case exists which warrants the Court to accept the SEC’s request for leave.

In a filing on August 9th in the U.S. District Court for the Southern District of New York, Judge Analisa Torres, who is handling the civil case of the United States Securities and Exchange Commission (SEC) against Ripple Labs, intends to set a jury trial for the second quarter of 2024. The trial wi...