币界网报道：Judge Analisa Torres has denied the U.S. Securities and Exchange Commission's (SEC) motion to certify an interlocutory appeal in its ongoing lawsuit against Ripple Labs. The SEC sought to challenge the court's earlier ruling that Ripple's programmatic sales of XRP did not constitute securities offerings. Judge Torres stated the regulator failed to meet the legal standard for an appeal, noting there was no "substantial ground for difference of opinion" on the matter. The decision marks another setback for the SEC in its high-profile case against Ripple, which began in December 2020. Ripple's Chief Legal Officer Stuart Alderoty welcomed the ruling, calling it "the correct decision" and emphasizing that the case should now proceed to trial on the remaining issues. The SEC had argued an appeal could expedite resolution of the case, but Judge Torres determined the regulator didn't demonstrate how an immediate appeal would materially advance the litigation. Legal experts suggest this ruling increases pressure on the SEC to settle, as the agency faces diminishing prospects of overturning the programmatic sales decision. The case continues with pending issues including whether Ripple's other XRP distributions violated securities laws.