CLASS ACTION LAWSUIT

They determined that it would be very difficult to obtain a judgment against the defendants.

The exchange publicly listed its shares on Nasdaq in April.

The London’s Competition Appeal Tribunal (CAT) will decide on the feasibility to continue with the case.

Earlier, the company paid a fine of $24 million to the US SEC.

The plaintiffs are seeking $5 million in damages.

Leaked data of around a quarter-million Ledger customers were published online in December.

Ripple agreed to invest $50 million in MoneyGram as the two companies have signed a partnership agreement until 2023.

The company shares dived 45 percent from the peak achieved earlier this month.

The plaintiffs submitted 35 investors names who could join the class-action lawsuit.

The motion suggests that there could be more such potential class members.

The company decided to settle with the plaintiffs earlier this year.

The lawsuit claims the US brokerage didn’t adequately warn investors of negative US oil price risks.

Multiple class-action lawsuits against the two companies are consolidated into one.

Blanket bans on cryptocurrencies were imposed by major platforms in 2018, but then relaxed.

The company was earlier fined and forced to register its tokens as securities.

The original lawsuit was bought against Bitfinex and Tether.

The company settled with the SEC last year with a fine of $24 million.

Two lawsuits against the foundation were consolidated into one.

The company raised $90 million in its IPO, selling its stocks at the bottom of its market range.

The lawsuit has been in court for the last three years with an approaching jury trial.

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