A judge has rejected the US Securities and Exchange Commission’s (SEC) request for an interlocutory appeal in the Ripple case. The judge stated that the SEC failed to demonstrate that the appeal would significantly impact the litigation’s ultimate resolution. The trial for the case is set to commence in April 2023. This decision is considered a setback for the SEC and a victory for Ripple. The article also mentions that XRP is not considered a security under the law.
AI Sentiment: Negative
