Ripple Has Another Court Case Victory
Ripple gets the generous spotlight, some for the right reasons and some for not all that right ones as it always tangles up in legitimate issues.
In the progressing case amongst Ripple and offended party Vladi Zakinov, the Supreme Court of the State of California gave into the Ripple’s request, having replaced Judge Marie S. Weiner and assigned the case to Judge Richart H. DuBois.
The reason for this case was XRP being controlled by Ripple, which was filed in January. Simply a week ago, Ripple requested the preclusion of Judge Marie S. Weiner as Ripple won’t have the capacity to get a fair trial before her as shared by Leonidas on Twitter.
Likewise, just as of late, the lawsuit filed by Ryan Coffey against Ripple Labs Inc. was concluded in favor of Ripple. Ryan Coffey had filed a motion in May claiming that Ripple was dealing in an “endless ICO” and requested compensation for losses acquired on his XRP investment.
The court issued a ruling for the defendant asserting,
“Having read the papers filed by the parties and carefully considered their arguments and the relevant legal authority, and good cause appearing, the court hereby DENIES plaintiff’s motion.”
Later on, not long ago, Ryan dropped the case for no good reason.
These cases have been a sharp headache for Ripple as the company continues illuminating and emphasizing that XRP is decentralized and isn’t influenced or controlled by Ripple.