Ripple Labs and R3 reaches a settlement agreement

Ripple Labs and R3 reaches a settlement agreement

The Ripple Labs Inc. has arrived at a settlement of all the outstanding litigation between R3 Hold Co LLC, R3 LLC, and XRP II, LLC. The details of the settlement are to remain confidential. Reportedly, the lawsuit began on 8th September 2017 as R3 slashed a complaint against Ripple in the Delaware Chancery Court. Ripple also filed a countersuit.

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