The firm is representing those who bought securities of MoneyGram between June 17, 2019, and Feb. Rosen Law Firm alleges that MoneyGram’s “public statements were materially false and/or misleading at all relevant times,” and claims that “investors suffered damages,” the release stated. The SEC claims that the digital coin is a security and must be regulated. Securities and Exchange Commission (SEC) filed suit against Ripple, according to a press release. In other news, MoneyGram is facing a lawsuit from investors who bought the cryptocurrency XRP when MoneyGram was using it for money transfers, which was before the U.S. The firm aims to have over 4,000 ATMs by the end of 2021, CoinDesk reported. “CoinFlip has always been about the small business and retail customers, and with recent events, dogecoin has paradigm-shifted itself into more than just a meme coin, it has become a symbol of the small league investors,” a CoinFlip spokesperson told CoinDesk.ĬoinFlip, which expanded from about 451 ATMs last year to today’s 1,800, also offers bitcoin, ether, litecoin, dash, stellar, chainlink, komodo and tron. The dog meme-themed digital coin was founded in 2013 reportedly “as a joke,” PYMNTS reported, and saw its price surge earlier this year following a Reddit post that encouraged users to make it the next GameStop, CoinDesk reported. Crypto users can now buy dogecoin with cash at 1,800 CoinFlip ATMs across the U.S., according to CoinDesk, citing a tweet from CoinFlip.
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