David Schwartz says the SEC cannot file an immediate appeal challenging Ripple’s victory because there are still unresolved issues between the parties. David Schwartz, CTO at Ripple, has recently commented on the heated debate regarding the SEC’s next line of action in the Ripple case. SEC May Consider 4 Options As reported yesterday, prominent legal expert […] The post Ripple CTO Says SEC Can’t File “Immediate Appeal” Against Ripple  first appeared on The Crypto Basic.

Ripple CTO Says SEC Can’t File “Immediate Appeal” Against Ripple 

David Schwartz says the SEC cannot file an immediate appeal challenging Ripple’s victory because there are still unresolved issues between the parties.

David Schwartz, CTO at Ripple, has recently commented on the heated debate regarding the SEC’s next line of action in the Ripple case.

SEC May Consider 4 Options

As  reported yesterday, prominent legal expert James “MetaLawMan” Murphy speculated that the SEC may consider four options as its next move.

Firstly, MetaLawMan said the SEC could request an interlocutory appeal. Secondly, the top legal expert mentioned that the regulatory agency could proceed with the trial regarding the aiding and abetting claim against Ripple execs Brad Garlinghouse and Chris Larsen.

Thirdly, MetaLawMan noted that the SEC could drop its claim against Garlinghouse and Larsen to file an immediate appeal, challenging Judge Torres’ ruling. The legal expert said the securities regulator would not seek permission from Judge Torres and the Second Circuit.

Lastly, MetaLawMan said the SEC could settle with Ripple- a move the expert thinks is highly unlikely.

Ripple CTO Says SEC Can’t File “Immediate Appeal”

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