In Ripple’s Series C investment agreement, there is a provision that if XRP is deemed to be a security on a go forward basis, then Tetragon has the option of having Ripple redeem their Ripple equity. Since there has been no such determination, this lawsuit has no merit. We are disappointed that Tetragon is seeking to unfairly take advantage of the lack of regulatory clarity here in the U.S. The courts will provide this clarity and we are very confident in our position.
All about Flare Finance: https://youtu.be/bUJAUQ1PvFk
There is an imposter in the comments from time to time that has taken my profile and name. Sorry, we all deal with these scammers who leave phone numbers and replies which I never do. Just be aware.
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