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Ripple’s $24M XRP Debt Fight Puts a $400M Tranglo Stake on the Block

News.Bitcoin.com
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Ripple’s $24M XRP Debt Fight Puts a $400M Tranglo Stake on the Block

A Malaysian court has given Ripple a charging order over Seamless Group’s 60% stake in Tranglo, a holding priced at $400 million in January, to collect roughly $24 million in unpaid XRP invoices. The Massive $23,952,480 Figure Explained It is the unpaid principal Nasdaq-listed Currenc Group disclosed in an Oct. 7 filing with the U.S. […]

Key Takeaways

  1. A Malaysian court has given Ripple a charging order over Seamless Group’s 60% stake in Tranglo, a holding priced at $400 million in January, to collect roughly $24 million in unpaid XRP invoices.
  2. The Massive $23,952,480 Figure Explained It is the unpaid principal Nasdaq-listed Currenc Group disclosed in an Oct.
  3. 7 filing with the U.S.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.