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Ripple Dismisses Claims it Sold XRP in Violation of Securities Law

Ripple has instructed its legal team to dismiss claims that it violated U.S. securities law by selling XRP via ICO back in 2010. The case alleges Ripple led a scheme to raise hundreds of millions of dollars by their digital token illegally. The class action suits allege that the defendants (Ripple) violated both the

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Ripple Files Motion for Court to Toss XRP Securities Lawsuit – CCN.com

Ripple, the cryptocurrency firm behind the XRP token, has requested a federal court dismissal of a class-action lawsuit; all while ignoring one major issue, XRP's security status. The original lawsuit was first launched back in early 2018, by a handful of disgruntled XRP investors. The plaintiffs claimed that

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