Amended Ripple Class-Action Covers Possibility XRP Is Not a Security
Lawsuit accusing Ripple of selling XRP as an unlicensed security includes claims to hedge the possibility that it is not. An amendment to the class-action lawsuit against Ripple, filed March 25, included additional claims of false advertising and unfair competition, “under the alternative theory that XRP is not a security.” The disgruntled investors’ sixth and…
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