According to BlockBeats, on June 21, a US regional court judge dismissed all four collective lawsuits against Ripple, but allowed one state lawsuit to continue. The jury will continue to discuss whether Ripple CEO Brad Garlinghouse made 'misleading statements' related to securities sales in a television interview in 2017. Previously, a civil lawsuit for securities claims against Brad Garlinghouse was heard in a California court. The decision by the judge marks a significant development in the ongoing legal battles faced by Ripple and its CEO. The dismissal of the four collective lawsuits provides some relief for the company, but the continuation of the state lawsuit indicates that Ripple's legal troubles are far from over. The focus of the ongoing discussion is on the statements made by Garlinghouse in 2017, which are alleged to have been misleading in relation to securities sales. The outcome of this case could have significant implications for Ripple and the broader cryptocurrency industry.
