SEC urges court docket to grant Ripple Labs enchantment citing ‘knotty authorized issues’ By Cointelegraph

The U.S. Securities and Change Fee has submitted a submitting urging the court docket to grant its movement to enchantment a ruling from the Labs lawsuit that deemed that XRP was not a safety when offered to retail traders.

The company argued that there are “knotty authorized issues” surrounding the court docket’s utility of the regulation — particularly the Howey Check — that warrant a assessment.