Ripple Have Been Served With Another Securities Lawsuit

Ripple Have Been Served With Another Securities Lawsuit
фото показано с : cryptodaily.co.uk

2018-7-5 08:00

Ripple Labs, the official title of the company behind XRP and xCurrent etc are alleged to have been issued with yet another lawsuit on the premise of securities fraud according to reports out yesterday afternoon.

Ripple are under investigation through their ownership of XRP, the currency native to the Ripple technology. Because Ripple own a large amount of XRP, many deem that XRP as a currency does match the characteristics of a security which in turn would mean that Ripple have engaged with security fraud.

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ripple xrp lawsuit another securities security fraud

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