Yesterday, the SEC filed its Reply Memorandum in Further Support of its Motion to Certify Interlocutory.
Additionally, earlier today, a whale transferred 97,821,325 XRP from an anonymous wallet to another anonymous wallet.
At press time, XRP was worth $0.5037 after its price climbed by 0.03% over the past 24 hours.
Yesterday, defence lawyer James K. Filian shared on X that the SEC has filed its Reply Memorandum in Further Support of its Motion to Certify Interlocutory Appeal. This is after the SEC expressed its plan to appeal Judge Analisa Torres’ decision in the U.S. District Court for the Southern District of New York.
Subsequently, the judge granted the SEC permission to proceed with its appeal, setting a deadline of 1 September 2023 for Ripple to present its counterarguments. The filing made on Friday is a direct response to Ripple’s opposition memo.
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