Ninth Circuit Ends XRP Class Action: 2013 Public Offering Triggered 3-Year Clock, 2018 Lawsuit Filed Too Late
A U.S. appeals court has affirmed the dismissal of federal securities claims against Ripple Labs , ruling that private lawsuits alleging unregistered sales of XRP are barred by the statute of repose under the Securities Act of 1933. In a memorandum filed on January 27, the Ninth Circuit Court of App