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Ripple Labs, Inc. secured another legal victory over the U.S. Securities and Exchange Commission (SEC) as the court denied the SEC’s request for an interlocutory appeal against the San Francisco-based blockchain company. In an order issued on Oct. 3, U.S. District Judge Analisa Torres dismissed the SEC’s motion, rejecting the claim that there was a “substantial ground for difference of opinion.” The judge also disagreed with the SEC’s assertion that the appeal would “significantly expedite the ultimate conclusion of the legal proceedings.” “The SEC’s motion for certification of interlocutory appeal is denied, and the SEC’s request for a stay is denied as moot.” U.S. District Judge Analisa Torres You might also like: Ripple CEO calls US one of the worst regions for crypto startups While the recent court ruling may appear to be another positive development for the cryptocurrency market, Ripple’s leg...

A US District Judge has rejected SEC’s request for an inspection of Binance US documents. Binance US stood firm on its stance calling the regulatory watchdog’s request “overboard”. SEC’s request sought access to documentation and communication with the exchange’s custodial service providers. Binance US, the American branch of the world’s largest cryptocurrency exchange, Binance , achieved a significant victory today amidst ongoing scrutiny. The exchange has been under intense scrutiny ever since the US Securities and Exchange Commission (SEC) initiated a lawsuit against it. This situation led to a decline in trading volume and the departure of key executives from the company. The SEC’s request for an investigation into the exchange, was denied earlier today by the court. What is the SEC investigating Binance US for? The SEC’s argument hinged on the assertion that Ceffu, a custody platform, was, in reali...