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MoneyGram Faces Lawsuit Over Alleged False Statements Regarding XRP

Tue, 02 Mar 2021, 06:29 am UTC

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.

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