# MoneyGram Faces Lawsuit Over Alleged False Statements Regarding XRP

By Coinness

Canonical URL: https://www.tokenpost.com/news/investing/7054
Published: 2021-03-02T06:29:03.000Z
Updated: 2021-03-02T06:29:03.000Z
Section: Investing

> Payments company MoneyGram International has been sued over alleged false statements, made regarding its partnership with Ripple Labs and their XRP cryptocurrency.

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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