in Newswire May 8, 2018

Class Action Alleges Ripple Labs’ ‘Never-Ending’ Initial Coin Offering Violates Securities Laws

by Corrado Rizzi

Last Updated on May 8, 2018

Coffey v. Ripple Labs, Inc. et al.

Filed: May 3, 2018 § CGC-18-566271

The suit seeks to represent investors who bought Ripple Labs' XRP tokens through what the plaintiff calls a 'never-ending' ICO that may violate fed. securities law.

State(s)

California

Last Updated on May 8, 2018 — 12:05 PM

Corrado Rizzi

corrado@classaction.org

Corrado Rizzi is the News Editor and a writer for ClassAction.org.

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