A heated debate erupted over XRP’s legal status on the X platform, with Ripple lawyer Bill Morgan challenging claims against the token’s clarity. While an X user criticised XRP, citing a lack of clarity in ripple lawsuit and institutional support, Morgan fired back with a strong rebuttal. Bill Morgan Defends XRP’s Legal Status In response to an X user’s harsh criticism over XRP’s legal clarity, attorney Bill Morgan disputed the claim, pointing to existing legal precedent. The critic cited concerns over the token’s legal clarity, institutional backing, and potential use cases. Ignoring Judge Analisa Torres’ decision in the high-profile Ripple lawsuit that XRP isn’t a security, the critic wrote, “XRP has no legal clarity.” Morgan retorted, arguing, “To say XRP has no legal clarity is the biggest lie I have seen in crypto this year.” Reflecting on Judge Torres’ 2023 ruling that Ripple’s coin does not constitute a security, Morgan… Read More at Coingape.com

The post ‘XRP Has No Legal Clarity’ Is the Biggest Lie in Crypto, Says Ripple Lawyer appeared first on CoinGape.

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