$1 Million Legal Fight Ensnares Ripple, Bitstamp and Jed McCaleb

By April 2, 2015Bitcoin Business

Bitstamp has initiated legal action over more than $1m in disputed funds related to the sale of nearly 100m XRP last month.

Bitstamp , which operates a Ripple gateway and bitcoin exchange, filed a complaint for interpleader on 1st April in the US District Court in the Northern District of California. Jed McCaleb, the founder of both  Ripple Labs  and  Stellar , and two of McCaleb’s family members were named in the complaint.

The $1,038,172 in disputed funds were […]

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