Ripple Reiterates That Calif. Securities Suit Was Filed Too Late

Ripple Reiterates That Calif. Securities Suit Was Filed Too Late – Law360

Law360 (December 5, 2019, 9:15 PM EST) — Ripple Labs has argued once more that claims it engaged in an unregistered securities offering of the cryptocurrency XRP must fail, highlighting that the Securities Act’s statute of repose bars the allegations. The Wednesday filing in support of Ripple’s motion to dismiss a proposed class action brought in the U.S.