U.S. Senior District Judge Phyllis Hamilton of the Northern District of California. (Photo: Jason Doiy/ALM) Federal Judge Certifies Class in Crypto Securities Litigation Against Ripple Labs
Defense attorneys from King & Spalding and Debevoise & Plimpton hemmed in the potential global scope of the class by convincing U.S. Senior District Judge Phyllis Hamilton to limit the case to U.S. investors.
July 03, 2023 at 03:52 PM
3 minute read
Securities Litigation
A federal judge certified a class of investors in litigation against Ripple Labs Inc. claiming that the cryptocurrency firm violated federal and state laws when it failed to register its XRP coin as a security.
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