>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.
also >Ripple (XRP) Sued >(XRP) Sued >XRP >Sued how do you sue xrp..
Alexander Reyes
By sueing the issuing and controlling party. What, you thought XRP tokens come from work and not a single source?
Oh no no no
Nolan Reed
>XRP tokens Are tokens a security?
Adam Nguyen
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
Gavin Murphy
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.
Isaac Ross
Are bitcoin miners issuing a "security?"
Liam Johnson
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.
Samuel Hill
Who Szabo? Probably because he's not an attention whore
Joshua Wood
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.
Aiden Howard
He's not a genius either.
Logan Bell
im pointing out that op and (you) dont know the diference between ripple and xrp
... 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.
Nathan Cooper
shit, wrong pic
Logan Taylor
>XRP is bad. The banks don't want it. >Hey guys - this fork of XRP is good! The banks want it!
Michael Jenkins
Which is why I said sue the controlling party. XRP is very much their baby even if the network exists outside of them.
Nolan Butler
>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
Ethereum doesn't have a ceo and neither do most coins. Xrp is clearly a ripple company selling products for money.
Jack Morgan
>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