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Rippling, R3 agrees to beat the Supreme Court over five billion XRP the company that develops cryptocurrency XRP and R3 Corda, the consortium David Rutter's blockchain, signed an out-of-court settlement on a purchase clause in the 2016 agreement that gave R3 options to buy 5 billion XRP tokens, Ripple said in a press release Monday. At the time of signing the contract, the price of XRP was very low, but increased significantly in 2017 and 2018 and currently 5 billion XRP tokens are equivalent to more than $ 1.3 billion.
The out-of-court settlement means that the lawsuits between R3 and Ripple will be closed.
"R3 HoldCo LLC, R3 LLC, Ripple Labs …
This article appeared for the first time on Cryptovest
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