The Pinnacle of “brilliance” – RippleLabs removes security lawsuit
People outwardly express their imbecility when it comes to satisfying their ego. That is not the case with corporate companies. RippleLabs have removed a pending security lawsuit pertaining to the regulatory nature of XRP. Ripple representatives claimed that the lawsuit was initiated by investors with no geographical limitation. Skadden, Arps, Slate, Meager & Flom litigation partner Peter Morrison emphasizes that it exceeds $5 million with 100 members. Jake Cherbinsky tagged this move as “brilliant”. He also stated that if the action lawsuit stayed, it could still cover a nationwide lawsuit. Mr.Cherbinsky concluded by saying that this insuperable move will be in vain if they did not justify the relocation of the lawsuit.