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@ calle 👁️⚡👁️
2025-02-28 15:50:02
Editor’s note (6:15 pm EST): An earlier version of this article mischaracterized legal and business documents regarding Swan and other counterparties. We erroneously reported that legal documents from Tether’s lawsuit against Swan and UCC filings Blockspace obtained indicated that Swan took financing from Ripple. Those documents did not provide proof of financing. The error resulted from Blockspace misreading and misunderstanding the documents. Upon further review, the legal documents allege that Swan “[entered] into an unconditional secured guaranty with Ripple Labs Inc.” Blockspace attained UCC filings that list Ripple as a secured party and Swan as debtor, but these do not prove Ripple financed Swan.