{"id":530517,"date":"2023-05-08T18:50:54","date_gmt":"2023-05-08T18:50:54","guid":{"rendered":"https:\/\/wncen.com\/?p=530517"},"modified":"2023-05-08T14:44:33","modified_gmt":"2023-05-08T14:44:33","slug":"pro-xrp-lawyer-weighs-in-on-the-ongoing-lawsuit-ruling","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/pro-xrp-lawyer-weighs-in-on-the-ongoing-lawsuit-ruling\/","title":{"rendered":"Pro-XRP Lawyer Weighs In On The Ongoing Lawsuit Ruling"},"content":{"rendered":"

Bill Morgan has weighed in on discussions regarding the XRP lawsuit while the crypto community awaits the judge’s ruling. Morgan responded to a Twitter user, <\/span>Marc Fagel<\/span><\/a>, who\u2019s been debating the XRP lawsuit with John Deaton.<\/span><\/p>\n

Morgan noted that Judge Torres was clear regarding her line of judgment on the Ripple case. Notably, the main issue in the case is whether or not Ripple sold XRP as a security.<\/span><\/p>\n

Related Reading: How Long Will Dogecoin Remain Sideways As Sellers Threaten Bearish Breakout?<\/a><\/div>\n

Bill Morgan on Judge Torres<\/h2>\n

In Bill Morgan\u2019s <\/span>opinion<\/span>, Judge Torres will base her judgment on facts regardless of the SEC’s broad and undefined position. Also, Ripple argues that it did not require registration since it didn\u2019t sell XRP as an investment contract.<\/span><\/p>\n

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Judge Torres made it very clear in the Daubert motion decision that the issue she must decide is whether Ripple sold XRP as a security despite the SEC taking broader positions at times in this litigation that seemed to suggest any sale of XRP was an investment contract or \/1 https:\/\/t.co\/HL1mclv8Xg<\/a> pic.twitter.com\/BrcHGAQlG9<\/a><\/p>\n

— bill morgan (@Belisarius2020) May 8, 2023<\/a><\/p><\/blockquote>\n