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Crypto Community Divided Over Security Designation of XRP

Published 11/29/2023, 08:24 PM
Updated 11/29/2023, 08:45 PM
Crypto Community Divided Over Security Designation of XRP
XRP/USD
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  • An X user and Bill Morgan recently engaged in a Twitter exchange discussing the legal status of Ripple’s XRP.
  • Morgan highlighted that there is legal clarity regarding XRP.
  • Ripple’s CTO tweets about US securities law, tokens, and securities.

X user Joe Sho and crypto lawyer Bill Morgan debated the legal status of Ripple’s XRP. Sho, in a tweet, expressed uncertainty about the legal clarity surrounding XRP, prompting a response from Morgan that sheds light on the intricacies of the matter.

“I think there is, definitely, Joe. Only some Bitcoin maxis who can’t read and understand a court decision or are too biased or obtuse to admit the clear words of the judge that XRP itself is not a security disagree,” stated Morgan in his reply, pointing to a divergence of opinion within the cryptocurrency community.

…The post Crypto Community Divided Over Security Designation of XRP appeared first on Coin Edition.

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