Popular Post brjXRP17 705 Posted May 5 Popular Post Share Posted May 5 Guys, Below is your May 2020 update on the lawsuits filed against Ripple Labs, Inc. As of today, May 4, 2020, there are four (4) open or active cases Ripple Labs, Inc is involved with and litigating. TL;DR - A new securities related lawsuit was filed against Ripple Labs, Inc. last week. That is three, securities related lawsuits Ripple is now defending. The open or active cases are in bold: 1.) 2014 - Ripple v. LaCore Enterprises (closed) 2.) 2015 - Ripple v. Kefi Labs (closed) 3.) 2015 - Arthur Britto v. Jed McCaleb (closed)** 4.) 2016 - Bitstamp v. Ripple, Jed McCaleb, Stellar (closed) 5.) 2016 - Ripple v. Pixel Labs (closed) 6.) 2017 - R3 v. Ripple (Delaware) (closed) 7.) 2017 - Ripple and XRP II v. R3 (California) (closed) 8.) 2017 - R3 v. Ripple (New York) (closed) 9.) 2017 - Tony Petrucci v. Ripple (closed) 10.) 2018 - Ryan Coffey v. Ripple, XRP II and Bradley Garlinghouse (California) (closed) 11.) 2018 - Ryan Coffey v. Ripple, XRP II and Bradley Garlinghouse (U.S. Federal Court) (closed) 12.) 2018 - Zakinov v. Ripple, XRP II and Bradley Garlinghouse (California) (closed; consolidated w/ #17) 13.) 2018 - David Oconer v. Ripple, XRP II and Bradley Garlinghouse (California) (closed; consolidated w/ #17) 14.) 2018 - Avner Greenwald v. Ripple, XRP II, Bradley Garlinghouse, Christian Larsen, Ben Lawsky (California) (closed) 15.) 2018 - Avner Greenwald v. Ripple, XRP II, Bradley Garlinghouse, Christian Larsen, Ben Lawsky (U.S. Federal Court) (closed) 16.) 2018 - Avner Greenwald v. Ripple, XRP II, Bradley Garlinghouse, Christian Larsen, Ben Lawsky (U.S. Appeals Federal Court) (closed)17.) 2018 - Zakinov et al v. Ripple et al (U.S. Federal Court) (open/active) 18.) 2019 - Cooperative Entertainment, Inc. vs. Ripple (closed)19.) 2020 - Simmons vs. Ripple Labs, XRP II, LLC, and Bradley Garlinghouse (U.S. Federal Court) (open/active) 20.) 2020 - Ripple Labs, Inc. et al vs. YouTube, LLC (U.S. Federal Court) (open/active) 21.) 2020 - Bitcoin Manipulation Abatement, LLC, vs. Ripple Labs, XRP II, LLC, and Bradley Garlinghouse (U.S. Federal Court) (open/active) Notes on active cases: #17, #19, #21 (above) - There are now three different securities related lawsuits filed against Ripple Labs, Inc., two in U.S. Federal Court in California (#17, #21) and one in U.S. Federal Court in New York (#19). The second federal case in California (#21) was filed on May 1, 2020. #20 (above) - Over the years, Ripple Labs, Inc. has typically been the defendant in all of these lawsuits. However, as many of you are aware, Ripple just filed a lawsuit against YouTube (Google) for alleged trademark infringement, alleged right to publicity, and alleged violations under California's Unfair Competition Laws, all related to the XRP Scam Giveaways. My guess is that Ripple Labs, Inc. will move to have all three securities related lawsuits joined (combined), but we shall see. And as soon as I have upcoming dates on all of these cases, I will update this post. @Snoopy @Pablo @WillGetThere @vlad_got_it @jcdenton @Mrsrippley @xrpisking Cesar1810, Pablo, xrpmommy and 10 others 2 11 Link to post Share on other sites
peanut56 1,183 Posted May 5 Share Posted May 5 Bitcoin Manipulation Abatement, LLC, US Court Dismisses $150M Lawsuit Against Cryptocurrency Derivatives Exchange https://cryptopotato.com/us-court-dismisses-150m-lawsuit-against-cryptocurrency-derivatives-exchange/ Bitcoin Manipulation Abatement, LLC, Here is their registration in Puerto Rico https://prcorpfiling.f1hst.com/CorpInfo/CorporationInfo.aspx?c=424234-1511 Nothing Like a lawsuit being filed out of a condominium in Peurto Rico They seem to be going around suing crypto companies. Possible a company once called TRANSPACIFIC IP GROUP LLC, 5245 AVE ISLA VERDE UNIT 302. I would assume this had to changed due to the fact there is an actual company called this out of China that works on internet stuff. (yes I called it that). There were also various registrations of trademarks from clothing apparel to website names like mymall.com There was mention of stuff from cyprus. So basically it seems like a few people shacked up in a condo trying to scam corporations. panmores and WillGetThere 1 1 Link to post Share on other sites
peanut56 1,183 Posted May 5 Share Posted May 5 Ripple Labs, Inc. et al vs. YouTube, LLC This is a lawsuit filed by Ripple against Youtube. Unless youtube is counter suing in that case please elaborate. Link to post Share on other sites
Pablo 4,813 Posted May 5 Share Posted May 5 Here's the agent running the Bitcoin Manipulation Abatement, LLC case: https://www.linkedin.com/in/ppogodin/ Seriously out of his depth... Has zero securities law experience. The manner of the dismissal of his previous suit against FTX last year makes one wonder why they bother wasting everyone's time? I have to assume it's either self-funded or supported by a BTC maxi with nothing better to do than pester Ripple using a cheap-ass lawyer. mistatee2000, peanut56, Live_Market_Index and 1 other 3 1 Link to post Share on other sites
pucksterpete 1,627 Posted May 5 Share Posted May 5 10 hours ago, peanut56 said: Bitcoin Manipulation Abatement, LLC, US Court Dismisses $150M Lawsuit Against Cryptocurrency Derivatives Exchange https://cryptopotato.com/us-court-dismisses-150m-lawsuit-against-cryptocurrency-derivatives-exchange/ Bitcoin Manipulation Abatement, LLC, Here is their registration in Puerto Rico https://prcorpfiling.f1hst.com/CorpInfo/CorporationInfo.aspx?c=424234-1511 Nothing Like a lawsuit being filed out of a condominium in Peurto Rico They seem to be going around suing crypto companies. Possible a company once called TRANSPACIFIC IP GROUP LLC, 5245 AVE ISLA VERDE UNIT 302. I would assume this had to changed due to the fact there is an actual company called this out of China that works on internet stuff. (yes I called it that). There were also various registrations of trademarks from clothing apparel to website names like mymall.com There was mention of stuff from cyprus. So basically it seems like a few people shacked up in a condo trying to scam corporations. and here's the attorney for Bitcoin Manipulation Abatement llc what a goon!!! Trisky 1 Link to post Share on other sites
pucksterpete 1,627 Posted May 5 Share Posted May 5 https://opencorporates.com/companies/pr/424234-1511 Link to post Share on other sites
pucksterpete 1,627 Posted May 5 Share Posted May 5 https://prcorpfiling.f1hst.com/CorpInfo/CorporationInfo.aspx?c=424234-1511 Link to post Share on other sites
LeonidasH 2,159 Posted May 5 Share Posted May 5 https://www.xrparcade.com/news/pressure-piles-up-ripple-hit-with-new-lawsuit/ pucksterpete and Trisky 2 Link to post Share on other sites
pucksterpete 1,627 Posted May 5 Share Posted May 5 15 minutes ago, LeonidasH said: https://www.xrparcade.com/news/pressure-piles-up-ripple-hit-with-new-lawsuit/ cool....you used the info in your article Link to post Share on other sites
Undershoes 33 Posted June 9 Share Posted June 9 There is a new document in the docket that was posted today labeled "Dismiss" (at least by Court Listener). It's not free/open. Does anyone have info on this update? https://www.courtlistener.com/docket/8150354/zakinov-v-ripple-labs-inc/?filed_after=&filed_before=&entry_gte=&entry_lte=&order_by=desc Thanks! Link to post Share on other sites
Dario_o 1,557 Posted June 9 Share Posted June 9 11 hours ago, Undershoes said: There is a new document in the docket that was posted today labeled "Dismiss" (at least by Court Listener). It's not free/open. Does anyone have info on this update? https://www.courtlistener.com/docket/8150354/zakinov-v-ripple-labs-inc/?filed_after=&filed_before=&entry_gte=&entry_lte=&order_by=desc Thanks! https://www.financemagnates.com/cryptocurrency/news/ripple-moves-to-court-for-fraud-allegations-dismissal/ Ripple has moved to court asking to drop all fraud charges against it on a lawsuit as the plaintiff has failed to provide details to back its claims. In the court documents filed on Monday, the San Francisco-headquartered company is seeking a dismissal of fraud charges along with prejudice to the plaintiff as the allegations are based on false representations. Undershoes 1 Link to post Share on other sites
LetHerRip 1,062 Posted June 9 Share Posted June 9 12 hours ago, Undershoes said: There is a new document in the docket that was posted today labeled "Dismiss" (at least by Court Listener). It's not free/open. Does anyone have info on this update? https://www.courtlistener.com/docket/8150354/zakinov-v-ripple-labs-inc/?filed_after=&filed_before=&entry_gte=&entry_lte=&order_by=desc Thanks! https://www.coindesk.com/ripple-xrp-lawsuit-fails-ceo-garlinghouse-fraud Quote In the case of Garlinghouse, the plaintiff circles around a statement he made on Dec. 14, 2017, when, after being asked if he held any XRP as an investment, he said he was “very, very long XRP as a percentage of my personal balance sheet.” In the amended complaint, the plaintiff alleges the XRP ledger shows Garlinghouse “sold any XRP he received from Ripple within days of such receipt” and that, rather than being long, “he was dumping XRP on retail investors in exchange for dollars and other cryptocurrency.” In total, Sostack claims Garlinghouse sold 67 million XRP tokens (worth roughly $58 million on Dec. 14) in 2017, which, he alleges, counts as a misrepresentation as it coincides with the time he was also publicly claiming to be “very, very long XRP.” Quote The lawyers first contest Sostack’s claim that Garlinghouse sold a sizable share of his tokens: “Plaintiff fails to plead … what percentage of his personal balance sheet the alleged sales constitute.” They then argue that just because Garlinghouse sold XRP doesn’t mean he wasn’t still bullish on the token’s prospects: “Selling a portion of one’s XRP holdings does not mean that the seller cannot also be ‘very, very long’ in the same asset as a percentage of his or her own personal balance sheet.” Lets see if the Judge is going to buy your BS Lyinghouse. In Public "I'm very very long XRP", while at the same time furiously dumping 58$ Million worth of XRP. xerxesramesepolybius 1 Link to post Share on other sites
Undershoes 33 Posted June 9 Share Posted June 9 (edited) So really you just wanted to shitpost. Cool. I do appreciate the link to the filing though, that part was helpful. It is curious to me that one file in the docket is named "motion to dismiss" while this one was only named "dismiss". If this is the sum of the plaintiffs argument, they have no standing. Edited June 9 by Undershoes Link to post Share on other sites
KarmaCoverage 4,026 Posted June 9 Share Posted June 9 57 minutes ago, LetHerRip said: https://www.coindesk.com/ripple-xrp-lawsuit-fails-ceo-garlinghouse-fraud Lets see if the Judge is going to buy your BS Lyinghouse. In Public "I'm very very long XRP", while at the same time furiously dumping 58$ Million worth of XRP. Idk how much? but selling a few million XRP cant be his entire holding. Link to post Share on other sites
Talinos 905 Posted June 15 Share Posted June 15 Hey guys, is Number 17 now closed? As far as I can read it the court granted the joint motion to relate and consolidate "Bitcoin Manipulation Abatement, LLC v. Ripple Labs, Inc., 20-3022-RS "(here number 20)with the instant action. https://www.govinfo.gov/content/pkg/USCOURTS-cand-4_18-cv-06753/pdf/USCOURTS-cand-4_18-cv-06753-3.pdf Link to post Share on other sites
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