Defense attorney James Filan shared the filing, saying,
“The SEC has filed its Reply Memorandum in Further Support of its Motion to Certify Interlocutory Appeal.”
Filan had this to say about the Reply Memorandum,
“The SEC’s argument that Judge Torres should stay the proceedings because the SEC is all of a sudden concerned about conserving judicial resources is laughable.”
Within the filing, the SEC refers to the Programmatic Sales issue as a “knotty legal problem.”
Unsurprisingly, the SEC referenced the SEC v. Terraform Labs case. In this case, the presiding Judge Rakoff criticized Judge Torres’ ruling. The SEC also stated that the…
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