Ripple (XRP) Loss Recovery
On December 22, 2020, the SEC filed a lawsuit against Ripple Labs, Inc., and two of its executives, Bradley Garlinghouse and Christian Larsen, alleging that the company raised over $1 billion through the sale of its digital asset ($XRP) in an unregistered securities offering. While no one knows for certain why the SEC decided to file the Ripple/XRP action on the eve of the SEC chairman’s resignation, one thing is certain: The prices of XRP plummeted and several exchanges have delisted XRP or suspended XRP trading following the SEC lawsuit. These actions could have severe consequences to the holders of XRP. We are here to help. If you lost money on Ripple (XRP), you may be entitled to recovery. Please answer a few short questions to help us determine if we can help you. We will try to let you know within three business days. There is no charge for our review of your case. We represent clients on contingency, meaning that you don’t pay us unless we recover money for you.
In the News:
Loevy & Loevy’s Blockchain and Cryptocurrency practice group has a reputation for tackling crypto cases with groundbreaking legal theories. Our cases have been featured in:
Topic: Cryptocurrency, Blockchain, and DAOs
Federal Court Orders Crypto Operators to Enforce U.S. Sanctions on North Korean Hackers, Hydra Market, and Other Blockchain Accounts
First of its kind federal judicial order interfaces with next generation, legally-compliant blockchain CHICAGO, IL – A federal court today issued a restraining order to freeze accounts on the JuratBTC blockchain containing the cryptocurrency JTC. The accounts subject to today’s court order are controlled by 16 individuals and criminal organizations who have been sanctioned by… Read More
Cryptocurrency class action complaint in Barron v. Helbiz Inc.
A copy of the complaint in the case Ryan Barron, et al., v. Helbiz, Inc., Salvatore Palella, Anthony Diiorio, Decentral Inc., Paysafe Ltd., Lorenzo Pellegrino, Skrill USA Inc., Alphabit Digital Currency Fund, Binary Financial, Giulio Profumo, Jonathan Hannestad, Justin Giuliano, Saeed Aldarmaki , and unknown Defendants, can be found here.