🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
California judge dismisses class action lawsuit against the Dfinity Foundation
ChainCatcher news, a federal judge in California dismissed the class action lawsuit against the Dfinity Foundation, the developer of ICP. U.S. District Court Judge James Donato granted Dfinity's motion to dismiss, ruling that the case was "time-barred" due to exceeding the three-year statute of limitations under the Securities Exchange Act. The court supported Dfinity's argument that its initial public offering of ICP tokens was in February 2017, thus the investor lawsuit from August 2021 has exceeded the statutory timeframe. At that time, the plaintiffs represented by Freedman Normand Friedland LLP (formerly Roche Freedman) did not respond to the defendants' arguments. Therefore, Judge Donato wrote that it was "inevitable" to dismiss these claims due to the statute of limitations.