Today the next chapter of a long-running and closely watched lawsuit against Ripple will happen. The plaintiff, Bradley Sostack, has time until the end of this Monday to file a response to the startup’s September 20 motion to dismiss. If the case won’t be entirely dismissed, it will probably go into discovery next year.As we already reported, the main point of this dispute is the question of whether Ripple’s cryptocurrency XRP is a security or not.If it is, that means that it should have been...
Read More »Craig Wright Sets Kleiman Case Back as He Declares He Can’t Pay Settlement
One of the most popular court cases in the crypto industry is the one between the Kleiman estate and Bitcoin SV founder, Craig Wright. The case, however, took a new turn recently, when a certain document filed on Oct. 30 in the Southern District of Florida, revealed that Wright has pulled out of the settlement already negotiated, claiming that he’d be unable to finance it.Before now, the plaintiffs had somewhat suspended active pursuance of the case because it had already begun to focus more...
Read More »