Ripple vs. SEC: Invoice Morgan Clarifies Misconceptions and Authorized Nuances

• Lawyer Invoice Morgan refutes claims of weak SEC case and warns of potential appeals.
• Morgan famous that the current court docket ruling lacks industry-wide regulatory steerage.
• Ripple CEO Garlinghouse requires clear rules.

Distinguished cryptocurrency lawyer Invoice Morgan has addressed misconceptions surrounding the continuing SEC vs. Ripple authorized course of. Morgan responded to claims that an SEC attraction is unlikely resulting from a weak case, advising that expectations ought to be tempered. He added that both social gathering may nonetheless attraction, and the power of the SEC’s case stays underneath debate.

Morgan additionally clarified that whereas the current court docket ruling clarifies XRP’s standing, it doesn’t present industry-wide regulatory steerage. He emphasised that courts don’t create regulatory readability and that XRP gross sales may nonetheless be thought-about funding contracts primarily based on…

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