It has been a tumultuous week for San Francisco based Ripple Labs which now finds itself embroiled in another law suit. This time a disgruntled investor has taken up legal action claiming the blockchain firm has violated federal securities laws.
Digital Coins Created ‘Out of Thin Air’
According to Thursday’s class action suit which is currently being discussed on Reddit, the company failed to register with the Securities and Exchange Commission (SEC) before offering its digital tokens up for sale. James Taylor-Copeland, the San Diego attorney representing plaintiff Ryan Coffey, filed the suit to the California State court with a list of complaints regarding securities law violations.
Lees hier verder.
Reactie plaatsen
Reacties