Ripple XRP FUD means BULL RUN TIME! Investor sues Ripple XRP. Market manipulation. CKJ Crypto news
1,011 views · Published 5 May 2018 · 8:29 · Indexed 4 November 2026
Channel: CKJ Crypto News · 2018 · Education
Ripple XRP FUD means BULL RUN TIME! Investor sues Ripple XRP. Market manipulation. An investor who claims they lost money buying and selling the cryptocurrency XRP has filed a class action lawsuit against distributed ledger startup Ripple, alleging that the company violated state and federal securities laws.
Attorney James Taylor-Copeland, filed the suit in the San Francisco County Superior Court on Thursday. Coffey is seeking damages "on behalf of all investors who purchased Ripple tokens ("XRP") issued and sold by Defendants," naming Ripple, XRP II (the company's registered and licensed MSB), CEO Brad Garlinghouse, and 10 unnamed parties.
James Taylor-Copeland, a former employee of Clifford Chance Attorneys, in Washington DC. His former employers are known for investing in ICO's, Cryptocurrencies, and Blockchain technology. These are large law firms looking to cash in big. Using their knowledge of the law in a loosely, regulated market, which is market manipulation.
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