Class-Action Lawsuits
Ripple Class-Action Lawsuit Can Proceed, Judge Rules
Feb 26, 2020
A lawsuit claiming Ripple violated U.S. securities laws will be allowed to move forward – though with a caveat favorable to the San Francisco-based payments firm.
A judge has ruled that a class action lawsuit against Ripple must remain in federal court, potentially giving the firm a slight advantage.
A lawsuit against the Maker Foundation claims the DeFi platform “intentionally misrepresented the risks associated with CDP ownership.”
Is XRP a security? The question is now sitting before the U.S. District Court in San Francisco.