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The roundtable could significantly influence crypto regulation and political strategies, potentially impacting the 2024 presidential election.
The post Mark Cuban, Brad Garlinghouse expected to talk crypto at Democrat’s roundtable this week appeared first on Crypto Briefing.
A California judge has dismissed a set of class-action claims against Ripple related to the sale of XRP, though she did send an individual case to trial. Bradley Sostack, a former XRP investor, launched a class-action lawsuit back in 2018, claiming Ripple illegally sold XRP as an unregistered security and violated advertising laws in California. District […]
The post California Judge Tosses Class Action Claims Against Ripple but Greenlights One Individual Case To Move To Trial appeared first on The Daily Hodl.
The lawsuit focuses on an allegedly misleading statement from 2017 where Ripple CEO Brad Garlinghouse said he was "very, very long" on XRP.
The post Ripple faces securities suit in Cali over ‘misleading’ statements from 2017 appeared first on Crypto Briefing.
Judge Phyllis Hamilton found XRP could be a security when sold to retail and gave the go-ahead to a lawsuit over statements from Ripple CEO Brad Garlinghouse.
A United States federal court judge has greenlit a civil securities lawsuit against Ripple Labs, denying its summary judgment bid in a suit alleging its CEO broke California securities laws.
California District Court Judge Phyllis Hamilton’s June 20 order means a jury will decide if Ripple boss Brad Garlinghouse made “misleading statements” in a 2017 interview, the order has thrown out four allegations around Ripple’s “failure to register XRP as a security.”
In the 2017 interview on Canada’s BNN Bloomberg, Garlinghouse said he was “very, very long” on XRP (XRP) — but the suit alleges that was false as he “sold millions of XRP” throughout that year.