Please don’t skip this message — it only takes a minutes to read. Sorry to bother you, but time is running out.

Bitcoin is freedom. If you think independent, ‘bitcoin-only’ media is important, if you believe information and education about bitcoin matters for adoption, and if you have gained something from our work, we would be grateful if you could chip in $21. 

Join the 2% of our readers who occasionally make a donation. If everyone reading this donated just $21, we would reach our target in a couple of hours. $21 is all we ask for. To cover the cost for our servers, editors, writers, and thumbnail artists we rely on our readers’ generous support. 

How You can chip in:

  • Send sats as a tip to a writer. All of our writers have an active tipping widget.
  • Join our campaign on 
    Awesome perks are waiting for you such as the limited edition Bukele Blend Coffee from El Salvador.

Your support ensures that Bitcoin News stays independent with a laser focus on Bitcoin and only Bitcoin.


Ripple Lawsuit to Remain in Federal Court

Ripple Lawsuit to Remain in Federal Court

Support free writers: > send a tip

written by

According to a recent ruling, the securities lawsuit against Ripple will stay in federal court, lawyer Jake Chervinsky announced in a recent tweet on 1 March 2019.

Chervinsky maintained that the plaintiffs’ motions to remand have been denied by the court, therefore, the case will stay in federal court. He added that although it is a minor victory, it can be meaningful in the long run.

The ruling declared that the class action suit against Ripple CEO Brad Garlinghouse, Ripple Labs and its subsidiary XRP II for allegedly selling unregistered securities should stay in federal court

Moreover, the court’s previous explanation regarding the lawsuit has also been mentioned in the ruling. According to the previous explanation, the court noted that as typically more people, more money, and more interstate commerce ramifications are involved in interstate class actions, such cases belong to the federal court.

Furthermore, 14 days have been granted to the parties to conduct a meeting and determine the procedures for litigation. The plaintiffs have been ordered to file an amended consolidated complaint (a revision of original complaint), within 30 days.

In November 2018, an application to move the case to federal court was filed by Ripple’s lawyers. If Ripple manages to prove that its XRP token does not come under US law as a security, it will win the case.

Law firm Taylor-Copeland filed the said class-action lawsuit back in May 2018. They noted that Ryan Coffey (plaintiff) sustained a loss of nearly 32% ($551.89) between Jan. 5 and Jan. 18 due to XRP trading. They claimed that the Securities Act and the California Corporations Code was breached by the defendants.

Follow on Twitter: @BitcoinNewsCom

Telegram Alerts from

Want to advertise or get published on – View our Media Kit PDF here.

Image Courtesy:

Help spread this article :) is NOT INVESTMENT ADVICE

Opinions expressed are entirely their own and do not necessarily reflect those of

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of 


bitcoin shop miami

Read More Bitcoin News

Hayek And Bitcoin

Hayek and Bitcoin

Hayek passed long before Bitcoin’s inception, but in his book The Denationalisation of Money, he argued for nothing short of stripping the state of its monopoly power of money itself.

Read More »


bitcoin shop miami

Join our Newsletter

Video of the Week


Latest on Bitcoin News

Join our Newsletter