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Ripple, R3 Reach Settlement in Multibillion Dollar Cryptocurrency Lawsuit

Ripple, R3 Reach Settlement in Multibillion Dollar Cryptocurrency Lawsuit

Blockchain companies Ripple and R3 have reached an undisclosed settlement on “all outstanding litigation,” putting an end to a legal spat involving a tranche of cryptocurrency tokens once worth as much as $19 billion. In a brief statement published on Monday, the San Francisco-based Ripple announced the settlement, stating that the terms would remain confidential.

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