Our New York Partner and former SDNY prosecutor Josh Naftalis spoke to Bloomberg Law about the latest development in SEC v. Ripple Labs. For a second time, Judge Analisa Torres declined the parties’ request to lift an injunction and to reduce a $125 million penalty. Josh explained, “The injunction isn’t an insurmountable roadblock,” since the parties can still pursue an appeal to the Second Circuit or seek a legislative fix from Congress.
Read more here.
