Another sore investor sues Ripple, tension builds for regulation

2018-6-11 15:23

A class-action lawsuit has been filed against Ripple Labs Inc., Brad Garlinghouse and XRP II LLC. The lawsuit alleges that Ripple is a security under California law. The lawsuit, filed by plaintiff Vladi Zakinov, states that the XRP token, despite being called a ‘token’ is actually a security as it indiscriminately offers XRP for sale […]

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