Ripple (XRP) Hit With Class Action Law Suit

4 May

Ripple (XRP) Hit With Class Action Law Suit

Source: Crypto News
Ripple (XRP) Hit With Class Action Law Suit

Ripple Lawsuit

Ripple Lawsuit: Something interesting has occurred within the crypto sector, this time centering around Ripple (XRP). A law firm has announced that it filed a class action suit against Ripple Labs. The suit, filed yesterday, targets the following parties: Ripple, XRP II, and CEO Brad Garlinghouse. 

Ripple Lawsuit 

The suit essentially states that the company’s sale of Ripple (XRP) tokens violates United States securities laws. Taylor-Copeland law filed the class action suit. The complaint centers around Ryan Coffey, an individual who bought 650 XRP  on January 5th, 2018, then sold it on the 18th for USDT. …

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