Ripple Labs XRP Class Action Settlement
Last verified September 11, 2026Source: jndHow ClaimWatch verifies cases
This settlement is closed to new claims. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →
What happened
Ripple Labs and its CEO are being sued in a class action alleging that they violated federal and California securities laws. The page notes that the Court has not decided who is right or wrong, and there is no money available now and no guarantee there will be.
Do you qualify?
The Federal Securities Claims Class includes all persons or entities who purchased XRP between July 3, 2017 and June 30, 2023 within the United States who either retained the XRP or sold it at a loss. The California State Securities Claims Class has the same criteria. Corporate officers, board members, and senior executives of Defendants are excluded.
How to file
No claim process is currently available. This is an ongoing lawsuit with no settlement or money yet awarded. You can stay in the lawsuit to await the outcome by doing nothing, or request exclusion by April 5, 2024. Contact JND Legal Administration at 1-888-256-6154, info@RippleClassAction.com, or by mail to obtain more information.
Common questions
- Is the Ripple Labs XRP Class Action Settlement notice real, or a scam?
- JND Legal Administration is the settlement administrator for this case. Claims are filed at rippleclassaction.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
- When will payments from the Ripple Labs XRP Class Action Settlement be sent?
- Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. Payments cannot be issued until the court grants final approval and any appeals are resolved.
Who's involved
Plaintiffs
- Markas Sergalis
- Tyler Toomey
- Daniel Simmons(Consol Plaintiff)
- Bitcoin Manipulation Abatement LLC(Consol Plaintiff)
- Bradley Sostack
- David Oconer
- Avner Greenwald
- Vladi Zakinov
Defendants
- Foris Dax, Inc.
- Foris Dax Global Limited
- MCO Malta Dax Limited
- Takashi Okita
- Anja Manuel
- Ben Lawsky
- Ken Kurson
- Zoe Cruz
+ 8 more
Counsel for plaintiffs
- Jason BellSusman Godfrey LLP
- Thomas L. Laughlin , IVScott & Scott Attorneys at Law LLP
- Michael TayagOffice of the Federal Public Defender
- Max AmbroseTaylor-Copeland Law
- Eric M. CarrinoAC SoCal Law PC
- Nicholas Nathan SpearSusman Godfrey L.L.P.
- Krysta Kauble PachmanSusman Godfrey LLP
- Sarah Nicole WestcotBursor & Fisher P.A.
- Ross Evan PitcoffThe Law Offices of Ross Pitcoff
- Pavel I. Pogodin, Ph.D., Esq.Consensus Law
- Paul Ryan BurninghamSusman Godfrey L.L.P.
- Patton L. JohnsonRobbins Geller Rudman Dowd LLP
- Lucas F. OltsRobbins Geller Rudman & Dowd LLP
- Meng XiSusman Godfrey L.L.P.
- Steven Gerald SklaverSusman Godfrey LLP
- Oleg ElkhunovichSusman Godfrey L.L.P.
- Marc M. SeltzerSusman Godfrey LLP
- James Quinn Taylor-CopelandTaylor-Copeland Law
- Rhiana SwartzScott and Scott Attorneys at Law LLP
- Lauren Sager McCabeScott and Scott Attorneys at Law LLP
- John T. JasnochScott+Scott Attorneys at Law LLP
- Stephen J. OddoRobbins LLP
- Shawn A. WilliamsRobbins Geller Rudman & Dowd LLP
- David Conrad WaltonRobbins Geller Rudman & Dowd LLP
- Brian O. O'MaraDiCello Levitt LLP
- Brian Edward CochranRobbins Geller Rudman & Dowd LLP
- Brian J. RobbinsRobbins LLP
Counsel for defendants
- Bethan R MalayKellogg, Hansen, Todd, Figel and Frederick, P.L.L.C
- Maxwell V. PrittBoies Schiller Flexner LLP
- Prachee SawantKing & Spalding LLP
- Justin B. BergKellogg Hansen Todd Fiegel and Frederick PLLC
- Lisa R. BugniKing & Spalding LLP
- Reid Mason FigelKellogg, Hansen, Todd, Figel & Frederick, P.L.L.C.
- Michael K. KelloggKellogg, Hansen, Todd, Figel & Frederick, P.L.L.C.
- Meghan StrongCalifornia Department of Justice
- Bradley OppenheimerKellogg, Hansen, Todd, Figel & Frederick, P.L.L.C.
- Gregory G. RapawyKellogg, Hansen, Todd, Figel & Frederick, P.L.L.C.
- Meredith Richardson DearbornDunn Isaacson Rhee LLP
- Matthew Gordon BallShook, Hardy & Bacon LLP
- Stavroula Elias LambrakopoulosKL Gates LLP
- Andrew Zenner MichaelsonKing & Spalding LLP
- Suzanne Elizabeth NeroKing & Spalding LLP
- Menno GoedmanBoies Schiller Flexner LLP
- Damien J. MarshallKing & Spalding LLP
- Kathleen R. HartnettCooley LLP
- Andrew J. CeresneyDebevoise & Plimpton LLP
- Virginia Faye MilsteadSkadden, Arps, Slate, Meagher & Flom LLP
- John M. NeukomDavis Polk & Wardwell LLP
- Peter Bradley MorrisonSkadden, Arps, Slate, Meagher & Flom LLP
Parties and counsel from the public court docket. Listing an attorney here isn't an endorsement, and ClaimWatch isn't affiliated with any of them.
In the news
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New to class actions?
This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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