Garlinghouse and Chris Larsen Are Filing Motions For the Dismissal Of Lawsuit The Tetragon Financial Group had been leading the funding round of mammoth series C by Ripple in 2019 but they turned on the company as soon as it got sued by the Securities and Exchange Commission of the United States in December 2020. investment company, after a ruling from the Delaware court as Ripple won the case against Tetragon Financial Group. Ripple, a ledger technology distributor, and provider, will be getting paid a huge amount of $3.463 million in legal fees by Tetragon Financial Group, a U.K. The XRP token of Ripple has been gaining value and is currently being traded at a price of $1.46 while Ripple is winning their civil lawsuits on all fronts against the Securities and Exchange Commission (SEC) of the United States and Tetragon Financial group, which has eased the firm’s problems a bit. ![]() However, the tides have recently shifted in the favor of Ripple and it has been experiencing a lot of positive environment around it. Many large crypto-asset exchanges had delisted the crypto token and the company incurred a lot of financial loss during this period. For a lot of months, Ripple had been facing a lot of backlash and criticism due to its ongoing lawsuits, and the price of their native token, XRP, has also been going down for the longest time.
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