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Lawsuit Alleging Ripple’s XRP Is Unregistered Security Moves Forward

Lawsuit Alleging Ripple’s XRP Is Unregistered Security Moves Forward

Cryptocurrency News 30 minutes ago (Feb 27, 2020 08:23AM ET) A United States federal district court has decided to allow a lawsuit alleging that Ripple’s crypto asset is an unregistered security. Court documents filed on Feb. 26 reveal that Judge Phyllis Hamilton of the Court of the Northern District of California ruled to only partially grant Ripple’s motion to dismiss the lawsuit against it.




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