The legal saga between RippleLabs and its investors has taken a new turn as the plaintiffs have amended their complaint against the blockchain startup for selling XRP as an unregistered security. Interestingly, the amended complaint cited the U.S Securities and Exchange and Commission (SEC) guidance on security laws to crypto tokens. The court battle started last year with some investors filing a lawsuit against Ripple for issuing tokens that ought to be registered with the SEC as “securities.” The plaintiffs’ suit was drawn from the fact that the project’s founders control the majority of the market share since they ... (full story)