- Written by: Lele Jima
- Mon, 24 Jul 2023
- United States
Attorney Hogan indirectly shades the SEC, saying the commission’s only ammunition against Ripple is an appeal. Attorney Jeremy Hogan has joined other top pro-crypto lawyers to comment on the SEC’s decision to appeal Judge Analisa Torres’ summary judgment. In a recent tweet, Attorney Hogan said an appeal is the SEC’s only ammunition against Ripple in […] The post Pro-XRP Lawyer Names Only Ammunition SEC Has Against Ripple first appeared on The Crypto Basic.
Pro-XRP Lawyer Names Only Ammunition SEC Has Against Ripple
Attorney Hogan indirectly shades the SEC, saying the commission’s only ammunition against Ripple is an appeal.
Attorney Jeremy Hogan has joined other top pro-crypto lawyers to comment on the SEC’s decision to appeal Judge Analisa Torres’ summary judgment.
In a recent tweet, Attorney Hogan said an appeal is the SEC’s only ammunition against Ripple in the upcoming settlement conference between the parties.
Heading into a settlement conference, an appeal is really the ONLY ammunition the SEC has against Ripple.
SEC Confirms Plans to Appeal
According to Hogan, the SEC has already confirmed that it will appeal Judge Analisa Torres’ decision. As reported , the SEC recorded a partial loss, which saw the judge rule that XRP itself is not a security..
Recall that the SEC has hinted at plans to appeal the court’s decision. Shortly after Judge Torres issued the decision, the SEC issued a statement saying it is still reviewing the ruling.
A few days later, SEC Chair Gary Gensler expressed disappointment over the court’s decision on Ripple’s programmatic sales.
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