A man sues Ripple for not being able to become a millionaire yet!
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Answer A man sues Ripple for not being able to become a millionaire yet!
In a funny case, 36-year-old Ken Schnedel from Shreveport, Louisiana, USA, filed a lawsuit against Ripple for not making him a billionaire yet.
Mr. Schneidl’s attorney, Paul Weaverman, said:
My client was very shocked, after three months he couldn’t get at least a billion dollars
Mr. Schneidel, a grocery store worker, invested about $35 in XRP after opening an account with Coinbase in early October.
He claimed that Ripple shocked him by not making his 150 XRP worth $6.7 million per coin to be able to become a millionaire.
Laura Sheen, host of the “Unchained” podcast on the topic of cryptocurrency, said:
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This is terrible news for Ripple.
In my opinion – and I am very clever – Mr. Schneidl has a winning case
I can’t wait to see Ripple burn, I hate them so much.
Ripple has not yet responded to a request or comment on the case against it.
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But Ripple has previously made clear its view that although it has financial products that use XRP, it has no control over the price of the coin.
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