The post Here’s Why Appeal Might Not Be Immediate — Fox Business Anchor appeared on BitcoinEthereumNews.com.

Tomiwabold Olajide SEC has decided not to pursue claims against Ripple’s Brad Garlinghouse and Chris Larsen Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. In a new tweet, Fox Business correspondent Eleanor Terrett explains why an appeal might not be so immediate in the Ripple-SEC lawsuit. According to Terrett, the SEC may not file an appeal right away since it will need to wait for a final judgment, which may not be issued until the penalty phase is over. They cannot appeal immediately. They will need to wait until there’s a final judgment which can’t happen until the penalty phase is over. This could take months which means the SEC will not get to appeal until next year. https://t.co/moSIJy3cLh — Eleanor Terrett (@EleanorTerrett) October 20, 2023 This might take months, meaning the SEC will not be able to file an appeal until next year. Terrett went on to say that the SEC only dropped the charges against Ripple executives Brad Garlinghouse and Chris Larsen, not the entire case. The Fox Business correspondent was responding to some insinuations that the SEC could appeal its landmark setback in the Ripple case immediately after dismissing the charges against the Ripple executives. Earlier this month, an attempt by the SEC to appeal its court loss in the Ripple case was denied on the basis that it failed to meet…

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Filed under: News - @ October 20, 2023 2:24 pm