Ripple Says Lawsuit Could Destroy Multi Billion-Dollar XRP Marketplace and Wipe Out Investors

Ripple Says Lawsuit Could Destroy Multi Billion-Dollar XRP Marketplace and Wipe Out Investors

A judge is now considering Ripple’s motion to dismiss a much-publicized lawsuit against the San Francisco startup. Bradley Sostack is accusing the company of illegally selling XRP as an unregistered security. Ripple claims XRP is not a security and says the claims are unsubstantiated.