MoneyGram faces lawsuit over alleged false statements regarding XRP

MoneyGram faces lawsuit over alleged false statements regarding XRP

Ripple partner MoneyGram alleging the firm issued misleading statements and failed to disclose XRP's status as an unlicensed security. Payments company MoneyGram International has been sued over alleged false statements, made regarding its partnership with Ripple Labs and their XRP cryptocurrency.The class action lawsuit, filed on March 1 in California, was submitted on behalf of investors who purchased securities from MoneyGram between June 17, 2019, and February 22, 2021. The global investor rights legal practice assert MoneyGram made fraudulent statements regarding its partnership with....

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