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Tetragon To Pay Ripple $3.4 Million In Legal Fees After Failed Lawsuit

Tracy CHEN

Summary: A Delaware court has ruled that distributed ledger technology provider Ripple will be paid $3.463 million in legal fees by U.K. investment company Tetragon Financial Group after its legal defeat. Tetragon—which led Ripple’s mammoth Series C funding round in 2019 — soured on the company after it got sued by the U.S. Securities and Exchange ...

A Delaware court has ruled that distributed ledger technology provider Ripple will be paid $3.463 million in legal fees by U.K. investment company Tetragon Financial Group after its legal defeat. Tetragon—which led Ripple’s mammoth Series C funding round in 2019 — soured on the company after it got sued by the U.S. Securities and Exchange Commission in December.

Tracy Chen

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