Blockchain Startup R3 Sues Rival Ripple Labs
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New York-based blockchain startup R3 has sued rival company Ripple Labs over a contract to purchase Ripple's digital currency XRP, according to a lawsuit filed in the Delaware Chancery Court on Friday. R3 and Ripple are two of the most well known blockchain companies and are both backed by large banks. In September 2016 the two companies had entered an agreement giving R3, the right to purchase up to 5 billion XRPs at a price of $0.0085 per unit at any point by September 2019, according to the Read the full story
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-Mark
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