Brad Kimes of Digital Perspectives hosts a discussion with Mickey B Fresh of The DeFi Standard on the connections between Ripple Labs, XRP, and R3. In 2018, ongoing litigation between Ripple Labs and R3 was settled for an undisclosed amount. Per cryptocurrency news site, Decrypt, the settlement amount between the two firms is estimated between $240-$470M after recent disclosures in the SEC’s open case against Ripple Labs for the sale of unregistered securities.

Video Date: 12/29/2019

You can view the full Decrypt article on new revelations form the 2018 Ripple Labs and R3 settlement at this link:

https://decrypt.co/52589/sec-papers-show-settlement-between-ripple-and-r3-was-over-240-million

***Disclaimer: This content is not intended to constitute financial advice. Additionally, there is no warranty from The DeFi Standard as to the accuracy of this content. Please do your own research (DYOR).