July's ruling did not "present a controlling question of law," and neither did the SEC's motion for an appeal, Ripple said in Friday's filing, which a
July’s ruling did not “present a controlling question of law,” and neither did the SEC’s motion for an appeal, Ripple said in Friday’s filing, which added that the regulator hasn’t proven that different judges might disagree with the ruling, or that an appeal would lead to a faster end for the court case – all of which are requirements for the judge to approve an appeal, according to the filing.
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