SEC's Request For Interlocutory Appeal Of Favorable Rulings For Ripple Labs' Defendants Rejected Based On Well-Settled Law - Securities
In the Initial Decision issued on July 13, 2023, Judge Torres held that direct sales by Ripple Labs to institutional purchasers were investment contracts.
New York United States Analisa Torres Jed Rakoff United States District Court Terraform Labs Pte Ltd
Source: mondaq.com