In a press release earlier today it has emerged that Ripple has reached an agreement with R3 over a legal dispute that dates back to 2017. The two parties appear to be trying to leave the incident in the past but are keeping most of the details confidential.
The legal dispute between Ripple and R3 began around September 2017. The disagreement arose over a deal in which Ripple offered to pay R3 a total of five billion XRP tokens at a considerably reduced price. In exchange for the tokens, R3 would provide Ripple with various key contacts from the banking industry. According to a report in Finder, these may have included huge names such as Goldman Sachs, JP Morgan, and Morgan Stanley.