With respect to deepening lawsuit, Ripple filed a counterclaim in the New York State Court stating that claiming R3 signed the deal in â€˜bad faithâ€™ as reported by Fortune. It also stated that R3 used their partnership in establishing a competing product. The counterclaim highlighted, â€œR3 had misrepresented its resources and current ability to perform solely to induce Ripple in executing the Agreementsâ€.
Feb 18, 2020
Feb 13, 2020