A San Francisco court has denied Ripple’s request to appeal the order which denied its lawsuit against R3.
News was fake ?
Claim was that Ripple had backed out of a previous agreement that allowed R3 to purchase up to 5 billion XRP coins at $0.0085 each before the end of 2019.
Check news link :
https://ibsintelligence.com/ibs-journal/ibs-news/new-york-court-to-have-final-decision-over-ripple-r3-dispute-after-ripples-appealing-gets-denied/
Just one problem with that... The banks don't want to use Ripple, and I really doubt many will in the future.
They're saying themselves that they might get 3 contracts from money transfer firms in 2018, but I think that's just peanuts.
Banks will want to go with their own blockchain solutions, that's just what I think will happen.
Sources:
https://www.bloomberg.com/news/articles/2018-01-25/ripple-wants-xrp-to-be-bitcoin-for-banks-if-only-the-banks-wanted-it
https://hackernoon.com/4-alarming-reasons-ripple-might-not-be-what-you-think-9debc3c86985
https://www.coindesk.com/ripple-claims-3-money-transfer-firms-xrp-2018/
What is true is that they've gotten a lot of investments from investment firms, so it's almost as if they're too big to fail.