Rules Regulation𝐄𝐱𝐩𝐞𝐝𝐢𝐚_𝐂𝐚𝐧𝐜𝐞𝐥𝐥𝐚𝐭𝐢𝐨𝐧_𝐏𝐨𝐥𝐢𝐜𝐲

Joshua William12 Nov, 2024Travel

A class action was filed against Ripple in May 2018 “alleging that it led a scheme to raise hundreds of millions of dollars through unregistered sales of its XRP tokens”. According to the complaint, “the company created billions of coins ‘out of thin air’ and then profited by selling them to the public in ‘what is essentially a never-ending initial coin offering