Ripple’s Legal Circus: Court Juggles XRP, Investors Left Clowning

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In the grand theater of the absurd, where the law is but a puppet on the strings of time, Ripple has once again emerged victorious, leaving its accusers to wallow in the dust of their own tardiness. The US Court of Appeals for the Ninth Circuit, with a flourish of judicial wit, affirmed that the investors’ claims were as stale as yesterday’s bread, time-barred by the relentless march of the statute of repose.

In a memorandum so mundane it was deemed unworthy of publication, filed on the 27th of January, 2026, a trio of judges upheld the Northern District of California’s decree. The three-year repose period, a ticking clock that cares not for the plight of the procrastinator, had long since expired by the time the class action was filed. Ah, the irony of justice-swift for some, a snail’s pace for others.

Ripple’s Triumph: The Court Passes the XRP Potato

Leading this charge into the abyss was Bradley Sostack, a man who, in January 2018, decided that XRP was the golden ticket to riches. Alas, his complaint, filed later that year, was but a whisper in the wind. Appointed lead plaintiff in 2019, he amended his plea in 2020, only to find that the sands of time had already slipped through his fingers.

The crux of the appeal? When, oh when, was XRP “bona fide offered to the public”? The court, with a wink and a nod, sided with Ripple, pointing to the XRP Ledger’s built-in exchange, where the cryptocurrency had been traded since 2013. “Even if only the technologically enlightened could navigate its depths,” they declared, “it was an offer to the public nonetheless.” A public, it seems, that requires a PhD in blockchain to qualify.

“According to the record,” the judges intoned with all the gravitas of a Shakespearean tragedy, “Ripple was peddling XRP as early as 2013. Over 500 million tokens were sold on the Ledger’s exchange. Yet, the plaintiffs, like children at a party, arrived too late to the feast.”

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2026-01-29 13:51