XRP didnt pump "after" the news came out
What do you think the whale will do next? ;)
According to court filings, R3 and Ripple Labs made a deal that involved granting R3 an option to purchase 5 billion ripple (XRP-USD) at a price of less than $0.01 per XRP. Given the appreciation in the value of the cryptocurrency, that option could be worth well in excess of $10 billion.
okay wtf... so the true value of ripple is 0.01?