Amended Ripple Class-Action Covers Possibility XRP Is Not a Security

The investors suing Ripple are hedging their bets, in case it's determined that XRP is not a security.

Hedging their bets

The filing included two additional claims for relief, in relation to alleged false advertising and unfair competition, both in violation of the California Business and Professions Code.

These additional claims for relief both state that they are being brought “under the alternative theory that XRP is not a security.”

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