CoinSpeaker Ripple Knocks the Door of Federal Court for Its Securities Lawsuit
San Francisco-based blockchain startup Ripple Labs has been fighting a long battle over the claims of XRP as securities. Much recently, the company removed a pending lawsuit pertaining to XRP’s regulatory nature, to a federal court. The Ripple executives argued that the class action lawsuit was initiated by several investors beyond geographical boundaries. As a result, the case should now move to the federal court.