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Date Announced for Public Hearing on Lawsuit Claiming XRP is a Security

A hearing on class certification in the Zakinov v. Ripple case is scheduled for later today. The plaintiff in the case seeks to certify a class of all XRP holders who purchased, sold, and hold the cryptocurrency at a loss. The hearing will be held in California’s federal court and is for oral arguments on the question of certifying the class of XRP holders suing Ripple. The Judge has given online access to only 500 members of the public to join the proceedings.

(By LELE JIMA)

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