Combined Class-Action Lawsuit Against Ripple Moves to Federal Court

An ongoing legal battle between XRP investors and payments startup Ripple is entering its next phase.

Attorneys for Ripple Labs and its affiliated defendants filed to move a consolidated class-action lawsuit from its previous venue at the San Mateo Superior Court to the U.S. District Court, Northern District of California, according to court documents published Wednesday.

The defendants argued that the consolidated suit matches the requirements for a case to be brought before the higher, federal court.

Continue Reading on CoinDesk

Like this: Like Loading...