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Ripple sued by investors who claim XRP cryptocurrency is an unregistered security

Ripple sued by investors who claim XRP cryptocurrency is an unregistered security – SiliconANGLE

Ripple Labs Inc. is being sued in a class-action lawsuit by investors who lost money investing in the company’s XRP cryptocurrency. The lawsuit was first filed last year with a judge in San Francisco ruling Wednesday that it could proceed based on federal law while dismissing some claims under California state law Coindesk reports.







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