Ripple and R3 Legal Settlement

Ripple and R3 Legal Settlement

The Ripple and R3 Legal Settlement finally closed with mutual agreement. The premise of the Ripple / R3 agreement was that Ripple would have access to R3’s large consortium of banks and in-turn Ripple offered R3 an options contract through to September of 2019 to buy up to 5 Billion XRP at price of .0085. (The potential value went from $1 Million at the time of the agreement to close to $12 Billion dollars a few months into the lawsuit).

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