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XRP Lawsuit: US Court Orders Ripple To Consider “Alternative Resolution’”

XRP Lawsuit: US Court Orders Ripple To Consider “Alternative Resolution’”
XRP Lawsuit: US court orders Ripple, CEO Brad Garlinghouse and other parties to consider alternative resolution of case before proceedings.

US court has issued an order asking Ripple and other parties to consider an alternative resolution.

•Plaintiff and defendants CEO Brad Garlinghouse, Ripple and XRP II seek final judgment and stay on claims.

•Ripple Vs SEC case in 2nd Circuit Court of Appeals scheduled for intial brief in January.

•XRP price trades near $0.52 as it fell 17% after appeals filing.

XRP Lawsuit: In the latest development in the In re Ripple Labs Inc Litigation, defendants CEO Brad Garlinghouse, Ripple Labs and XRP II LLC have requested the court to issue final judgment on plaintiff class action claims and a stay on individual state law claim until resolution. The court has issued an order asking the parties to consider an alternative resolution.

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