Alt coins band together and file a lawsuit against the US government for favoring Bitcoin over other

Three financial firms have joined forces to file an amended class-action lawsuit against Cusip Global Services (CGS), S&P Global, FactSet, and the American Bankers Association (ABA), alleging violations of US antitrust laws, breach of contract, and violations of New York and Connecticut unfair business practice statutes, after a federal judge in the Southern District of New York last month ordered two previously competing civil suits brought by the firms against Cusip be consolidated.

On December 22, 2020, the SEC filed a lawsuit against Ripple Labs, Inc.("Ripple"), and two of its executives, alleging thatthe defendants failed to register the cryptocurrency XRP with theSEC or satisfy any exemption from registration, in violation offederal securities laws. As of the date of this writing, XRP iscurrently the eighth largest cryptocurrency with a marketcapitalization of approximately $53 billion.

Alt coins band together and file a lawsuit against the US government for violating Antitrust Laws by

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