Class action brought against Ripple Labs

A San Diego lawyer recently filed a lawsuit on behalf of an investor against the operator of Ripple. Ten other parties have so far participated in the class-action lawsuit for the disputed violation of the U.S. federal securities law. The complaint alleges that the XRP is a security and not a currency. In addition, Ripple Labs allegedly attempted to bribe Coinbase to trade there. As you can see...

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