Cryptocurrency

Ripple Labs and its wholly owned subsidiary XRP II created all 100 billion of its unregistered XRP cryptocurrency “out of thin air,” in violation of securities laws, a class <strong><a href="http://www.courthousenews.com/wp-content/uploads/2018/07/Cryptocurrency.pdf">claims</a></strong> in San Mateo County Court.

REDWOOD CITY, Calif. (CN) — Ripple Labs and its wholly owned subsidiary XRP II created all 100 billion of its unregistered XRP cryptocurrency “out of thin air,” in violation of securities laws, a class claims in San Mateo County Court.

Categories / Consumers, Technology

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