The official document released includes the following statements:

• The court has reviewed the letters dated August 9 and August 16, 2023, submitted by the involved parties.
• Permission to initiate an appeal has been granted to the SEC.
• The SEC is required to file its appeal by August 18, 2023.
• The SEC, if it chooses to respond, is anticipated to submit its response by September 8, 2023.

You might like: Zero-Knowledge Proof Technology: Explained

BREAKING: The @SECGov has filed a letter of intent to request an interlocutory appeal to Judge Torres’s July 13th summary judgment in the @SECGov vs. @Ripple case.

Full letter below and story developing. https://t.co/vzPfdyGeih

— Eleanor Terrett (@EleanorTerrett) August 9, 2023

→ According to information obtained from legal experts, journalist Eleanor Terrett stated that obtaining approval for an appeal is quite challenging.

Judge Torres granted the request, enabling SEC rationale presentation to the Second Circuit in the ongoing Ripple case.. Simultaneously, Ripple will also retain the chance to initiate a counter-appeal, subject to evaluation by the Second Circuit.

You can share your opinions in the comments about the topic. Also, follow us on Telegram, Twitter, and YouTube for more content like this.

The post Judge Approves Appeal Request of SEC in Ripple Case appeared first on Coin Engineer.