16-01-2020 09:54 via newsbtc.com

Even If Ripple “Wins” Class Action, It Won’t Mean Much For XRP: Here’s Why

There is a class action lawsuit filed against Ripple in 2018 by investors who are alleging that XRP is a security. Even if the suit is dismissed, it is unlikely to have any major effect on the cryptocurrency.
Why it won’t affect XRP in a large way
Ripple the company has long distanced itself from XRP the cryptocurrency.
The fintech firm has said that XRP is merely a cryptocurrency utilized by various blockchain-based solutions. Ripple CEO Brad Garlinghouse said that holders of XRP are not
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