Ripple Labs Hit With New California Class Action Claiming Its XRP Tokens Are Securities
The suit, brought under the California Corporations Code on behalf of a proposed class of California purchasers, seems designed to avoid the fate of a previously filed suit against Ripple which was removed to federal court this week.
June 07, 2018 at 05:34 PM
1 minute read
hit with another lawsuit in state court Skadden, Arps, Slate, Meagher & Flom Debevoise & Plimpton removed a previously filed securities suit
Over the last few months I've spoken with ACTUAL banks and payment providers. They are indeed planning to use xRapid (our XRP liquidity product) in a serious way. This is a sampling of what I heard: pic.twitter.com/y3TN8YRC34
— Brad Garlinghouse (@bgarlinghouse) January 5, 2018
a federal lawsuit against a dog food maker tossed by a judge in San Diego
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