Ripple has replied once again to the plaintiff’s fraud allegations in the Zakinov v. Ripple Labs case. Ripple claims that the plaintiff has had two bites at the apple and takes a third, yet he still fails to show why the statements on which his Fraud Claims depend are false.
Simmons v. Ripple Labs, one of the two cases currently open against Ripple claiming the company has violated the securities law, has been moved from New York to California.
YouTube, the popular online video-sharing platform has filed a motion to dismiss the lawsuit filed by Ripple against it, holding it accountable for crypto scams posted on its platform.
Τhe California Blockchain Working Group suggested that a definition and separate regulation of digital assets based on their function could bring regulatory clarity to blockchain and digital assets.
Bradley Sostack, the Lead Plaintiff in the Zakinov v. Ripple Labs, Inc. case, has replied to Ripple’s motion to dismiss fraud allegations.
Former CFTC chairman Chris Giancarlo (also known as “Crypto Dad”) co-authored a paper explaining why XRP is NOT a security.
On June 8th, Ripple filed a motion to dismiss three of the seven claims. Specifically, Ripple moved to dismiss claims four, six, and seven, in connection to the fraud allegations
Ripple’s and Sostack’s joint motion gets granted, consolidating the two Northern California District Court cases.
Both parties appeared before the court today at 9 AM Pacific Time and according to a document uploaded on the docket, the matter has been taken under submission, meaning that the honourable Judge Phyllis J Hamilton will announce her decision at a later date.
Ripple has filed a motion to dismiss the patent infringement lawsuit by Cooperative Entertainment Inc.