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Westlaw News

XRP holders seek to intervene in SEC's Ripple lawsuit

Six holders of XRP, the world’s seventh-largest cryptocurrency by market value, including Jordan Deaton, filed a motion on Sunday seeking to represent themselves and others in the SEC’s lawsuit alleging XRP is an unregistered security. They say the token lost $15 billion in value when crypto exchanges in the U.S., including Coinbase, delisted or suspended trading in XRP after the SEC sued.

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