Coinbase Reinforces Interlocutory Appeal In SEC Suit With Ripple Case

Quick Summary:

Referencing the SEC’s latest appeal, American cryptocurrency exchange Coinbase have requested that the court revisit its motion for interlocutory appeal.

Notably, the US SEC may have shot itself in the leg by appealing Judge Analisa Torres’s July 13, 2024 ruling in favor of Ripple.

Though it look like Ripple is receiving more heat from the SEC, its lawsuit with the agency is setting precedence for other crypto lawsuits.

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Article Details

Author / Journalist: Godfrey Benjamin

Category: Crypto

Markets: India

Topics: 24/7 Cryptocurrency News Coinbase US SEC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-05 @ 20:41:17 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 406 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22901000

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