# fraud

The US District Court in California dismissed two fraud charges against Ripple, but allowed the plaintiff to appeal on different terms. However, the court gave the green light and considered that the plaintiffs could sue for violation of section 25401 of the Corporations Act.

XRPL Labs developers warn about fake Spark token collection tool. As a result, XRP holders trick their tokens to a fake resource to receive Spark tokens.

US Commodity Futures Trading Commission (CFTC) on Thursday opened criminal cases against the four founders and executives of the BitMEX cryptocurrency exchange. Accusing them of not taking adequate measures to prevent money laundering through the exchange floor.