Ripple's chief legal officer clarified that a California district judge had dismissed all allegations that Ripple violated federal securities laws, stressing that District Judge Analisa Torres' ruling on XRP's non-securities status was "undisturbed."
On Friday, the U.S. District Court for the Northern District of California issued summary judgments dismissing the federal and state class claims against Ripple, citing the rest law and lack of reciprocity, respectively. This effectively eliminated the class claims against Ripple Labs.
After the court ruling, Ripple clarified that XRP is not a security
2024-06-21 23:43:07
Ripple chief law officer clarified california district judge refuteddesk3cryptocurrencydesktopCrypto News
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