The agency approves the costs for the ripple after defeating Tetragon

Law360 (April 2, 2021, 7:28 p.m. EDT) – Cryptocurrency company Ripple has prevailed to attract investor Tetragon Financial Group Ltd. convince him to pay his legal fees to win Tetragon’s March allegation that there was an alleged security default justified a freeze on Ripple’s assets.

In a document released on Friday, Vice Chancellor Morgan T. Zurn originally approved a $ 3.2 million fee request from Ripple, albeit with unspecified changes.

The court dropped a lawsuit against Tetragon on March 19 to prevent Ripple from using its assets for anything other than redeeming Tetragon’s shares and dismissed claims that a federal regulator’s lawsuit related to Tetragon’s cryptocurrency .. .

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