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Ripple Lawsuit | Ripple Labs Hit with Yet Another Lawsuit

Ripple is no stranger to being slapped with lawsuits. Based on yesterday’s announcement, it appears a fourth Ripple lawsuit is underway as well.

Why? And is the coin suffering on the market because of it?

Ripple Lawsuit #4

On Wednesday, Rosen Law Firm announced that it is investigating Ripple Labs.

Similar to the other lawsuits, the New York-based firm announced that it is looking into whether Ripple violated federal securities laws, specifically in connection with its sale of XRP coins.

Moreover, Rosen Law Firm disclosed that it is preparing a class action lawsuit, one that will recover the losses suffered by those who bought XRP tokens.

What Does Ripple Have to Say?

So far, no one from Ripple Labs has commented on the latest Ripple lawsuit from Rosen Law Firm.

However, CEO Brad Garlinghouse has made it clear—multiple times, in fact—that XRP is different from Ripple, the company. He even said a few months ago that if Ripple Labs were to shut down, the XRP ledger would still be operating. Knowing that, some may wonder about the grounds of these investigations.

Ripple Price Today

Despite the coin being in the green Thursday, some are claiming that XRP is en-route to experience more declines.

At press time, XRP is selling for $0.342692, which puts the coin up 1.49% in the past twenty-four hours.

Ripple lawsuit
Source: CoinMarketCap

XRP Lawsuits: A Summer Timeline

  • May 5th: Taylor-Copeland law files a class action suit against Ripple Labs;
  • June 5th: Robbins Arroyo files a class action suit against Ripple Labs;
  • June 11th: Vladi Zakinov files a suit against Ripple Labs and CEO Brad Garlinghouse.

The Takeaway

What do you think of the latest XRP lawsuit? Do you think Ripple Labs violated federal securities laws? Or, do you agree with Garlinghouse? That Ripple, the company, and XRP are not connected? Thus there is no need to file a suit against the company?

>> Crypto Daily News: Microsoft Runs Ethereum Tech and OKEx Bitcoin Futures Trouble

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Crypto World Cup Day 20:Brad Garlinghouse vs. Charles Hoskinson

Today kicked off the quarterfinals of the Crypto World Cup and boy was the competition fierce! Many big names have already been eliminated, but who will be next? Let’s find out!

Today’s competitors: Brad Garlinghouse vs. Charles Hoskinson & Cameron Winklevoss vs. Satoshi Nakamoto

Check out the eight finalists that made it to the Quarterfinals!

Check Out the Results and Highlights of Today’s Games 

Match 1: Brad Garlinghouse 0-2 Charles Hoskinson

Charles Hoskinson came onto the pitch with guns blazing this afternoon and blew Garlinghouse out of the water. Hoskinson held the ball for 62% of the match and had a pass accuracy of 80%.

The match held a total of four yellow cards, but no red cards were thrown despite the heat of the competition.

Garlinghouse took a total of 11 shots during the match, but couldn’t sink any into the net. Hoskinson scored the first goal within’ forty minutes of the match and his second goal came in the 61st minute.

Hoskinson will face the winner of today’s second match on July 10th, in the Semi-finals.

Match 2: Cameron Winklevoss 1-2 Satoshi Nakamoto

Cameron Winklevoss is a six-time Crypto World Cup winner and remains the obvious favorite. He received some serious critique from fans and analysts in his last match, for his dramatics on the field.

During today’s match, Winklevoss took 27 shots, and Nakamoto only took nine. Winklevoss held the ball for 59% of the match and made 521 passes.

There were four yellow cards in the match but no red cards. Winklevoss struck first within the 13th minute of the match, but the ‘kicker’ is that he scored in his own goal giving Nakomoto a goal. Nakamoto struck back nearly twenty minutes later with another goal, making it 2-0.

Winklevoss struck back towards the end of the match in the 76th minute. Nakamoto has never won a World Cup and will face Hoskinson in the Semi-Finals on Tuesday.

>> Crypto World Cup Day 19

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Crypto World Cup Quarterfinals | Who Will Move On?

The Crypto World Cup Quarterfinals are finally here!

Well, well, well we have found our final 8!

This year’s knock-out stages were a lot of fun for us watching, not so much for some of our crypto players who suffered devastating defeats (Andreas Antonopoulos anyone? Satoshi Nakamoto’s last-minute winning goal was so incredibly last minute it was hard to comprehend.)

And then there were the penalty shoot-outs — the word “exciting” doesn’t cut it. We had three deciders based on nail-biting penalty shoot-outs: Warren Buffet conceded to Justin Sun, Bill Barhydt to Charlie Lee and Tyler Winklevoss (shocking) to CryptoYoda. 

And while we are on CryptoYoda, let’s look at this closer. Tyler Winklevoss’s defeat to the Crypto World Cup host – can anyone understand this? T. Winklevoss is a kingpin in the world of crypto and to put it in context, the CryptoYoda was mocked by his own people for how poor he was at crypto (well, soccer). But hands up if you’re feeling sheepish now!

Now the host is heading into the quarterfinals and to re-iterate, not even his own people thought he could do it. I love a good underdog so even if the next game doesn’t bode well for him, CryptoYoda can definitely hold his head high and say he did his nation proud.

Our table below will quickly catch you up on who’s left in and who has been booted out:

Crypto World Cup Quarterfinals

Crypto World Cup Quarterfinals

And as we progress to the Crypto World Cup Quarterfinals we can now concisely see the top 8 and how the battle for a place in the semi’s will look:

Crypto World Cup Quarterfinals

July 6th

The quarterfinals will kick off on July 6th. The first semi-finalists will be decided on that day, and the other semi-finalists decided on the 7th. Today let’s analyze the matches of July 6th.

The first game will see Brad Garlinghouse against Charles Hoskinson at 7.00am PT. That same day has Cameron Winklevoss facing Satoshi Nakamoto at 11.00am PT.

Brad Garlinghouse v Charles Hoskinson 

Two very strong foes. There is injury doubt surrounding Garlinghouse after he limped off the pitch following his defeat of John McAfee. It remains to be seen if he will arrive in full-form to this game. Hoskinson, on the other hand, is incredibly strong in the striking position and all fears of injury on his side are now allayed, being described as only a “minor scare.” He will be a formidable foe for Garlinghouse, who cannot afford to miss a beat in this game.

Cameron Winklevoss v Satoshi Nakamoto

Neither side has faced a bigger test than this in this world cup thus far. C. Winklevoss is a six-time Crypto World Cup winner and remains to be an obvious favorite, although his performance this year doesn’t seem reflective of such an achievement. None-the-less here he is against Satoshi, who narrowly scraped into this round thanks to that last minute goal against Andreas Antonopoulos. It’s arguably an even game in terms of stats. I can’t call it.

>> Catch up with the Crypto World Cup Players Here!

Who Will Be Victorious?

We are down to the cream of the crop. I have placed no bets as this year’s tournament has proven to be anybody’s game and I already have a nervous disposition.

I wish all players a good and fair game (and keep the diving to a minimum lads, will you!?).

Here’s to the Crypto World Cup Quarterfinals!

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Crypto World Cup Day 18

Welcome to Crypto World Cup Day 16!

We are down to the final 16 and this round gives no second chances; if you lose your match you are out. 

To arrive at the final 16 required tenacity and teamwork; it was a battle of the best and brightest but only the strongest have made it through. 

Today’s two games were Vitalik Buterin v Charles Hoskinson and John McAfee v Brad Garlinghouse

Match 1: Vitalik Buterin 3-4 Charles Hoskinson

What a game. This is the knock-out stage of the tournament and its a sad day for Vitalik Buterin as he bows out (somewhat gracefully) with a loss to Hoskinson.

Victory was made by one small but vital goal difference, as the two crypto figures kept at each others toes in this exciting game.

Hoskinson kicked us off early with a penalty goal at 13 minutes but it was Buterin’s cracker at 41 minutes which give him a much-needed boost of confidence. Suddenly it seemed the game came alive.

He created one of the most spectacular goals we’ve seen the Ethereum co-founder produce reminding us of his brilliance. 

However, he was matched (and then some) by Hoskinson who has always been a prominent force in this tournament. His four goals were nothing short of spectacular (especially the volley at 57 minutes which was controlled and showed his technical prowess.) 

Towards the end, frustration was clear to see on Buterin’s side, causing the referee to hand out yellow cards as if they were flyers. He desperately scrambled to find a fourth goal to level the game.

It never came. 

Hoskinson goes through and the disappointment was all over Buterin’s face as he is now sent home. His fans are the true victims of course. 

Match 2: John McAfee 1 – 2 Brad Garlinghouse

This game saw another world favorite sent home — John McAfee. Garlinghouse started well with a goal at 7 minutes which shook this game up. The draw came during the second half at 55 minutes but McAfee didn’t bring out the big guns until after Garlinghouse’s 62nd-minute goal. Some have scratched their head over this, as it was too late. Brad Garlinghouse was too strong and McAfee just could not find another goal.

>>The Crypto World Cup: Meet The Players!

What a start to the knock-out stages. With McAfee and Buterin out, this tournament is now wide-open.

Featured Image: Google Images/Skysports

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Crypto World Cup Day 18

Welcome to Crypto World Cup Day 18!

We are down to the final 16 and this round gives no second chances; if you lose your match you are out. 

To arrive at the final 16 required tenacity and teamwork; it was a battle of the best and brightest but only the strongest have made it through. 

Today’s two games were Vitalik Buterin v Charles Hoskinson and John McAfee v Brad Garlinghouse

Match 1: Vitalik Buterin 3-4 Charles Hoskinson

What a game. This is the knock-out stage of the tournament and its a sad day for Vitalik Buterin as he bows out (somewhat gracefully) with a loss to Hoskinson.

Victory was made by one small but vital goal difference, as the two crypto figures kept at each others toes in this exciting game.

Hoskinson kicked us off early with a penalty goal at 13 minutes but it was Buterin’s cracker at 41 minutes which give him a much-needed boost of confidence. Suddenly it seemed the game came alive.

He created one of the most spectacular goals we’ve seen the Ethereum co-founder produce reminding us of his brilliance. 

However, he was matched (and then some) by Hoskinson who has always been a prominent force in this tournament. His four goals were nothing short of spectacular (especially the volley at 57 minutes which was controlled and showed his technical prowess.) 

Towards the end, frustration was clear to see on Buterin’s side, causing the referee to hand out yellow cards as if they were flyers. He desperately scrambled to find a fourth goal to level the game.

It never came. 

Hoskinson goes through and the disappointment was all over Buterin’s face as he is now sent home. His fans are the true victims of course. 

Match 2: John McAfee 1 – 2 Brad Garlinghouse

This game saw another world favorite sent home — John McAfee. Garlinghouse started well with a goal at 7 minutes which shook this game up. The draw came during the second half at 55 minutes but McAfee didn’t bring out the big guns until after Garlinghouse’s 62nd-minute goal. Some have scratched their head over this, as it was too late. Brad Garlinghouse was too strong and McAfee just could not find another goal.

>>The Crypto World Cup: Meet The Players!

What a start to the knock-out stages. With McAfee and Buterin out, this tournament is now wide-open.

Featured Image: Google Images/Skysports

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