Ripple is no stranger to being slapped with lawsuits. Based on yesterday’s announcement, it appears a fourth Ripple lawsuit is underway as well.

Why? And is the coin suffering on the market because of it?

Ripple Lawsuit #4

On Wednesday, Rosen Law Firm announced that it is investigating Ripple Labs.

Similar to the other lawsuits, the New York-based firm announced that it is looking into whether Ripple violated federal securities laws, specifically in connection with its sale of XRP coins.

Moreover, Rosen Law Firm disclosed that it is preparing a ...