Judge Says Tetragon Is Wrong, XRP Has Not Been Officially Declared a Security

[solodeji]

https://heraldsheets.com/judge-says-tetragon-is-wrong-xrp-has-not-been-officially-declared-a-security/

Edited March 6, 2021 by solodeji

[RobertHarpool]

Apparently Tetragon appealed this decision. 

and was denied the appeal. 
 

.... 

 

Dear Tetragon, 

Just wait until the SEC v Ripple case is over. Then act accordingly. In the mean time, fire your attorney because he's obviously an idiot and a waste of your money. 

[RobertHarpool]

And now Tetragon has to pay Ripple's legal fees. Apparently up to $3.2M, though unspecified adjustments were made. 

Chancery OKs Atty Fees For Ripple After Win Over Tetragon on Law360. 

Ouch. 

Not a good way to keep investors, but then again ... what a stupid lawsuit.