Ripple’s lawyers will dig through the SEC’s internal discussion on crypto for mention of XRP.
Crypto lending platform Nexo has been accused causing $5 million worth of client liquidations after suspending the use of XRP as collateral without warning in December.
Data and traders reveal the source of XRP’s recent price rally could be Asia.
Tetragon was one of Ripple Labs’ big financial backers.
The announcement came hours after Coinbase and OKCoin took similar actions.