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Ripple ICO Suit Mostly Survives Motion To Dismiss

By Emilie Ruscoe ( February 26, 2020, 9:46 PM EST) -- A California federal judge said on Wednesday that an investor needed to explain more specifically why he claimed Ripple made fraudulent claims about its securities in his suit alleging the company violated the registration requirements of the Securities Act and state statutes when it ran an online initial coin offering for the cryptocurrency XRP....

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