The Truth About Ripple’s (XRP) Legal Status Revealed — Here Are the Details!
Jakarta, Pintu News – Lawyer Bill Morgan recently defended the legal status of Ripple forcefully, responding to criticism that Ripple (XRP) lacks legal clarity.
In a lively discussion, Morgan highlighted Judge Analisa Torres’ landmark decision affirming that Ripple (XRP) is not a security, a point often overlooked by critics.
Check out the full information here!
Affirmation of the Law by Judge Torres Analysis
In a highly publicized case, Judge Analisa Torres gave a very important decision for Ripple (XRP). She determined that while institutional sales may be considered securities transactions, Ripple (XRP) itself is not considered a security when sold on exchanges or through other distributions.
This decision is considered a major victory not only for Ripple but also for the cryptocurrency industry as a whole. The decision provides a clear legal precedent and strengthens Ripple’s (XRP) position in the global market.
Attorney Bill Morgan emphasized that this decision should be seen as evidence of Ripple’s (XRP) legal clarity, not the other way around. This shows that Ripple (XRP) has a stronger legal foundation compared to Bitcoin , which still lacks similar legal clarity.
Read also: Robert Kiyosaki Chooses Silver Over Bitcoin and Gold, Targeting 3x Profits in 2025?
Bill Morgan’s Response to Criticism
Bill Morgan, in defense of Ripple (XRP), has been very vocal in responding to critics who say that Ripple (XRP) lacks legal clarity. According to Morgan, the statement is “the biggest lie the crypto world has seen this year.”
He argued that there were no contradictory findings stating that Ripple (XRP) is a security, which affirmed Judge Torres’ decision. Morgan also highlighted that the reasoning behind the judge’s decision, which concluded that the token was not a security, was persuasive and should be considered as convincing authority.
This shows that Ripple (XRP) has overcome major legal challenges and now stands with more legal clarity.
Also read: What Can We Expect from XRP in June 2025?
Broader Implications of Legal Decisions
Judge Torres’ decision not only impacts Ripple (XRP) but also the entire cryptocurrency industry. The legal clarity provided through this decision helps reduce uncertainty in the market and sets an example for other cryptocurrency legal cases.
This is a significant step forward in recognizing and integrating cryptocurrencies within the existing legal framework. Moreover, this decision also paves the way for Ripple (XRP) investors and users to operate with greater confidence.
This legal clarity is expected to encourage further adoption and integration of Ripple (XRP) in the mainstream financial system, marking a new era in the evolution of cryptocurrencies.
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Reference
- Coingape. XRP Has No Legal Clarity is the Biggest Lie in Crypto, Says Ripple Lawyer. Accessed on June 3, 2025
- Featured Image: Generated by AI
