Ripple faces California securities lawsuit over CEO's 'misleading statement'

Judge Phyllis Hamilton find XRP could be A security When sold has retail And gave THE pursue has A trial on declarations Since Ripple CEO Brad Garlinghouse.

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A United States federal court judge has green light A civil securities trial against Ripple Laboratories, deny It is summary judgement offer In A suit alleging It is CEO broken California securities laws.

California District Court Judge Phyllis Hamilton June 20 order means A jury will decide if Ripple chief Brad Garlinghouse do "misleading declarations » In A 2017 interview, THE order has thrown away out four allegations around Ripple "failure has register XRP as A security."

In THE 2017 interview on Canadian...