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RE: Ripple Law Suit | NYSE Crypto Market

in #cryptocurrency7 years ago

It certainly could. R3 has some advantages that give it a potentially easier path to victory though.

Let me explain.

The disputed contract states R3 has the option has to purchase 5 billion XRP tokens for 0.0085.

Ripple is portraying the deal as a partnership gone bad with R3 not living up to the commitments required to exercise the option.

So R3 has clearer language on its side with Ripple needing to prove its claims regarding the vaguer terms around the commitments related to the partnership agreement.

So Ripple has a chance of winning. But it appears the burden of proof is on them so they have more of an uphill climb in making their case.

If R3 would win. It is certain is the price impact will be negative. The only question is the size.

If R3 looks to liquidate immediately. The price impact will be more severe.

If R3 looks to maximize the value of their stake and liquidate at a slower pace the impact could be relatively moderate.

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I almost upvoted this, but it didn't sound right. Please respect original material.

Your source: https://steemit.com/ripple/@slmiller79/hidden-risk-factor-for-your-ripple-investment