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Tech Giant, Apple, Faces Class Action Complaint From XRP Holders - Financial Markets Worldwide

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8c3937d6a805c13b705e3d5d49b26e19Cryptocurrency32 minutes ago (Sep 19, 2021 04:00AM ET)

Tech Giant, Apple, Faces Class Action Complaint From XRP Holders

  • Apple faces a complaint sent to the federal court of Maryland.
  • Plaintiff claims that Apple allowed “phishing” through Toast Plus, a crypto wallet.
  • For now, Apple is yet to release their statement on the matter.

In a filing sent to the federal court in Maryland, plaintiffs argue that Apple participated or allowed “hacking and breach of financial account information and actual theft of personal financial assets.” According to the filing, Apple did this by “authorizing a malicious application in the App store”, in the name of Toast Plus.

On one front, there is a feud between SEC and . On the other hand, XRP holders are also taking legal actions. However, this time, against Apple Inc (NASDAQ:). and not regulators or authorities.

In detail, Plaintiff Hadonna Diep claims that Apple allowed “phishing” from an application disguised as a crypto wallet, Toast Plus…

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