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Ripple Labs
In its lawsuit accusing the blockchain company of violating U.S. securities law, the U.S. Securities and Exchange Commission (SEC) has filed a court document in New York, revealing its decision to withdraw allegations against two Ripple Labs executives. 
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District Court Judge Analisa Torres dismissed the SEC's request to submit an appeal, stating that the regulatory body failed to demonstrate significant grounds for a differing opinion.
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The U.S. Securities and Exchange Commission (SEC) has announced its intention to lodge an "interlocutory appeal" in response to the judge's verdict regarding Ripple's programmatic sales of XRP. The regulatory body made this announcement through a court submission on Wednesday.
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