Tag Archives: ripple lawsuit

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San Francisco-based blockchain startup has been having a tough time this year with several investors complaining over the nature of XRP being a ‘security’. Recently, Ripple has moved to the court to dismiss the claims that it has violated any U.S. Securities laws.In its motion to dismiss, Ripple claims that Bradley Sostack, the plaintiff, doesn’t have any standing to register a complaint and claim that XRP is a ‘security‘. Further explaining, Ripple stated that the plaintiff failed to file...