FxPremiere talk on Blockchain Firms Ripple, Lawsuits Over Crypto Contracts
Cryptocurrency Signals Blockchain Firms Ripple, Lawsuits Over Crypto Contracts
Blockchain Firms Ripple, Lawsuits Over Crypto Contracts Distributed ledger startups Ripple and R3 have embroiled a legal battle, with both startups filing lawsuits related to a contract dispute between the two companies.
Ripple filed a complaint today in the Supreme Court that R3 failed to honor agreements that included an option to purchase 5 billion XRP, the cryptocurrency of Ripple’s distributed ledger network. According to Reuters, R3 – Delaware Chancery Court to uphold the deal. XRP is currently trading at roughly $0.27 a piece.
R3’s copy of complaint wasnt available for viewing. According to Ripple’s complaint, R3 and Ripple allegedly struck a deal to create a joint commercial venture.
Ripple accused R3 of hiding the fact that several of its members were looking to exit the group.
Litecoin Prices well above $71 as Crypto Market Tops $170 Billion
The cryptocurrency digital markets continued to rise today. The digital asset passed $70 to achieve all-time high standing at $75.59. litecoin has increased by 17.30 percent over the past dayand a great level of 50.37.
Bitcoin Retirement Fund Provider IRA t Update
Bitcoin IRA shows a company that allows users to create retirement funds. Ripple’s XRP token shows plans to add further cryptocurrencies in coming weeks, including litecoin, ethereum classic and bitcoin cash.
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