Few months ago, september 2017:
R3 MAKES MULTIMILLIONARY DEMAND TO RIPPLE FOR BREACH OF COMMERCIAL CONTRACT and in case of losing the demand Ripple will suffer a decapitalization of your company for about $ 1.04 billion and even if you manage the 4th most capitalized cryptoactive on the market, for about $ 7.98 billion, you could have a loss in value of at least 13%.. a court in New York should decide the fate soon
And yesterday!!
On May 3, 2018, has been filed a class action suit against Ripple Labs, its wholly owned subsidiary XRP II, and Ripple Labs CEO Brad Garlinghouse on behalf of aggrieved investors who have sustained losses as a result of Ripple’s sale of XRP tokens (read the full Complaint here).
The complaint allege Defendants have earned massive profits (lol) in violation of state and federal securities laws by selling XRP to the general public in what is essentially a never-ending initial coin offering.
The complaint further alleges that XRP has all the hallmarks of a security and that Ripple tries to obscure its sales of XRP by doing so on exchanges rather than directly.
XRP Investors
If you invested in XRP and are interested in protecting your investment and joining the class action, contact Taylor-Copeland Law with information about your investment losses.
And i wonder... WHO keeps Ripple in the top 3 ....
XRP Investors ... MOVE TO STELLAR ASAP ;)
