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Join the Securities Litigation and Enforcement Group on LinkedInCrypto Firm Ripple Labs Fights SEC by Claiming Its Investors Have No Rights – Bloomberg
Ripple over the weekend filed a motion seeking dismissal of the suit before trial in federal court in Manhattan. The company argued that XRP can’t be considered a security because there was no “investment contract” granting investors rights or requiring the issuer to act in their interests. *** The regulator also asked for a ruling […]