XRP Lawsuit: Court Issues Order in Favor of Ripple, CEO Brad Garlinghouse

Quick Summary:

XRP Lawsuit: In the latest development in the In re Ripple Labs Inc Litigation, the court has granted an order in favor of defendants Ripple Labs, XRP II LLC, and CEO Brad Garlinghouse.

Expert lawyers and Ripple CTO David Schwartz assert the lawsuit will likely get dismissed.

Also, the court asked the parties to consider an alternative resolution to the ongoing dispute related to an individual claim.

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Article Details

Author / Journalist: Varinder Singh

Category: Crypto

Markets: IndiaChina

Topics: XRP Xrp Lawsuit Brad Garlinghouse 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 09:43:27 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 425 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23583386

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