$XRP
🚨Does XRP Have Legal Clarity?🚨
To add to the drama, there’s been a fresh claim doing the rounds online suggesting “XRP has no legal clarity” and lacks institutional backing. The post claimed no major CBDCs run on XRPL, and that only Bitcoin is part of the U.S. reserve.
This didn’t sit well with pro-XRP lawyer Bill Morgan, who fired back hard. He called it “the biggest lie I’ve seen in crypto this year,” reminding everyone that Judge Torres already ruled XRP itself is not a security. And importantly — the SEC didn’t appeal that part of the decision.
When someone argued that the judge’s comments were only dicta (a legal term for remarks not legally binding), Bill Morgan responded firmly, saying that even a dicta provides a degree of legal clarity. He explained that the reasoning used by Judge Torres is persuasive authority in court — and said that no court has found XRP to be a security, adding, “It has more judicial clarity than Bitcoin, which has none.