The court of appeals in San Francisco did not support the petition blockchain startups Ripple Labs Inc. on appeal the judge’s decision from the Delaware, which dismissed the claim of the company against Holdco LLC R3. in October 2017.
Now the last word in the battle between the two companies outside the court in new York that Ripple is called the “irreparable damage”.
Recall that the Ripple in California, and R3 in Delaware and new York have filed against each other judicial claims for option contract 5 billion XRP tokens. In R3 argue that in the framework of the partnership agreement Ripple undertook to sell these tokens for $0,0085 per token in the period up to 2019. In turn Ripple assures that this is an incorrect interpretation of the agreements and representatives of R3 introduced partners to mislead by providing incorrect information about their capabilities.
Meanwhile, the exchange rate Ripple (XRP), according to CoinMarketCap, almost sank by 1.82% at $0,787051 for the token.