Lawyer: Ripple Bumping Securities Lawsuit to Federal Court is Brilliant

Twitter Facebook LinkedIn This week, the Ripple Labs legal team removed a pending securities lawsuit pertaining to the regulatory nature of XRP, the native cryptocurrency of the Ripple blockchain, to federal court. The representatives of Ripple argued that the class action lawsuit was initiated by a group of investors with no geographical limitations and as…

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Breaking: Mt. Gox Case Moved to Civil Rehabilitation, Creditors May Be Paid in Crypto

Creditors holding bitcoins at infamous cryptocurrency exchange Mt. Gox may recover their funds, after all, a court has ruled. According to a document posted on the Mt. Gox website, the Tokyo District Court on Friday approved a petition to move the company out of criminal bankruptcy and into civil rehabilitation. The exchange, as CCN reported,…

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