Billionaire publishing heiress Taylor Thomson and her friend Ashley Richardson have settled their claims against each other over Thomson’s roughly $46 million investment in a cryptocurrency venture allegedly based on false promises of returns and market adoption.
The terms weren’t disclosed in Thomson’s notice Wednesday to the US District Court for the Central District of California.
- Thomson—who has a stake in the her family investment business, Woodbridge Co., which owns more than two-thirds of
Thomson Reuters Corp. —sued Richardson, Singapore-based Persistence Technologies BVI Pte Ltd., and its CEO over an alleged scam to raise the XPRT “alternative,” or non-Bitcoin, ...
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