Odaily Planet Daily News Ripple's Singapore subsidiary Ripple Labs Singapore Pte Ltd filed a lawsuit against the British currency exchange and remittance company GCC Exchange, claiming that GCC Exchange failed to fulfill the payment obligations of the previous XRP liquidity transfer, and the transfer amount involved was close to 13.8 million Euros (approximately 14.9 million U.S. dollars), Ripple requires the defendant to pay the invoice amount and late fees. The lawsuit was filed in July 2023 and has only recently been made public. Ripple has filed a lawsuit in the High Court of England and Wales. (Law360)