Taylor-Copeland Law, a private law firm in California, has filed a class action suit against Ripple Labs, its wholly owned subsidiary XRP II, and Ripple Labs’ CEO Brad Garlinghouse on behalf of aggrieved investors who have sustained losses as a result of Ripple’s sale of XRP tokens. The lawsuit filed with the San Francisco County
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https://news.bitzamp.com/xrp-investors-files-class-action-lawsuit-against-ripple/Interesting how all this will affect the XRP price. But I am with the investors on this one - they just create XRP tokens out of thin air, millions of them, and sell them, thus making all other investors tokens worth less.
