Ripple (XRP) Sued for Breaking Security Laws

>The investors claim that Ripple is breaking both, federal, as well as state security laws in order to make money for itself. In addition to breaking laws, these investors also claim that Ripple is misleading the public regarding their services.
(...)
>Basically, Ripple was trying to convince the investors that there is an increase for XRP by the public when there really wasn’t any. The lawsuit also claims that Ripple attempted to bribe exchanges so that they would put XRP on the list.

>globalcoinreport.com/ripple-xrp-sued-for-breaking-security-laws/

OH NO NO NO NO

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Other urls found in this thread:

rppl.info/
twitter.com/SFWRedditGifs

HAHAHAHAHAHAHHASHAHA

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DES PA CITO

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THE WORLD IS NOT LIKE IT USED TO BE

Ripple will probably be OK.

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>bribe companies to list XRP
how is it illegal to pay an exchange to list your coin?

OH NO NO NO NO

p.s. HAHAHAHAAHHAHAHAHAHA
FUCK RIPPLE

>still at ~0.8$
market doesn't give any shit about it, lol.

HEY HEY HEY

It will when the founders and co dump on the market to pay for court costs and whatever comes out of the suit.

>court costs are going to be $50 Billion.

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>Sued for Breaking Security Laws
only if it were a security

that means time 4 pump

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Nice

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also
>Ripple (XRP) Sued
>(XRP) Sued
>XRP
>Sued
how do you sue xrp..

By sueing the issuing and controlling party. What, you thought XRP tokens come from work and not a single source?

Oh no no no

>XRP tokens
Are tokens a security?

I love people BTFOing ICOs and exposing them for the scams they are. They used to be good for gains once but the ICO bubble has popped and since I can't make more gains with it, might as well get some FUD to get some cheap tokens

author is a moron

"in order to explain this, let’s see how things are at Bitcoin (BTC). Whenever a crypto miner validates BTC transactions, he gets a new Bitcoin. That way, BTC supply and demand are tied together, and the more people decide to use this crypto, the more of it will appear in the world."


no, the more people mine and use the same about of btc appear, the emission rate is fixed....what a complete idijot.

Are bitcoin miners issuing a "security?"

They have a CEO... a figure head. Just like Ethereum and countless others. Very unwise decisions and they missed the concept of "privacy", even for themselves.

And people wonder why a certain individual won't publicly provide a signature for the first Bitcoin genesis block.

Who Szabo? Probably because he's not an attention whore

The funny part is I dont think they are. However xrp holders should wish they represented one. As it stands ripple labs sells retards xrp. That's the extent of that relationship. Ripple labs bares no responsibility to xrp holders in any way whatsoever. Meanwhile ripple labs makes 100% profit from the sale.

He's not a genius either.

im pointing out that op and (you) dont know the diference between ripple and xrp

I clearly do, learn to read nigger boi.

b-b-but muh centralization!!!
OH NO!!! AHHAHAHAHAHAHAHAH

Looks like all the sweet banking money will be flooding into Stellar. Get ready for a pump of huge proportions.

You make a convincing point there user....

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Autism in action

you sue the company not the token, op is mixing it up
if ripple is a security then stellar would be too

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... I thought this was literally how the exchanges worked? How can you bribe a company to sell a product? Even your fucking breakfast cereal pays bribes for the best shelf space.

This is fake jewry for the purpose of jewing. The kikes aren't going to sue themselves.

shit, wrong pic

>XRP is bad. The banks don't want it.
>Hey guys - this fork of XRP is good! The banks want it!

Which is why I said sue the controlling party. XRP is very much their baby even if the network exists outside of them.

>xrp and ripple are totally different and banks only partner with ripple the company
>xrp is a security of ripple and they owe people who invest in xrp security level commitment since they are highly related
pick one

>b-bearableguy will save us!!

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>2018
>cripplets still defending that turd
Top fucking kek get into RLC you retards

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Ethereum doesn't have a ceo and neither do most coins. Xrp is clearly a ripple company selling products for money.

>xrp and ripple are totally different and banks only partner with ripple the company
this one, also you cant partner with xrp for the same reason you cant partner with bitcoin, it makes no sense
but the companies that parner with ripple pick between 3 products of which two use xrp

rppl.info/

>ripple is a security then stellar would be too
False. Stellar isn t selling tokens every year for raising funds.