{"id":176448,"date":"2023-06-05T11:39:27","date_gmt":"2023-06-05T11:39:27","guid":{"rendered":"https:\/\/precoinnews.com\/?p=176448"},"modified":"2023-06-05T11:39:27","modified_gmt":"2023-06-05T11:39:27","slug":"sec-vs-ripple-will-secondary-markets-save-xrp-lawyer-reveals-shocking-insights-coinpedia-fintech-news","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/sec-vs-ripple-will-secondary-markets-save-xrp-lawyer-reveals-shocking-insights-coinpedia-fintech-news\/","title":{"rendered":"SEC vs Ripple: Will Secondary Markets Save XRP? Lawyer Reveals Shocking Insights! – Coinpedia Fintech News"},"content":{"rendered":"

Prominent digital asset enthusiast and lawyer, Bill Morgan, recently shared his views on the ongoing Ripple case, bringing a fresh perspective to the debate.<\/p>\n

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A Fresh Legal Perspective on Ripple Lawsuit<\/strong><\/h2>\n

While Morgan acknowledged the deep knowledge of the XRP community about securities law, he stressed that they lack the specific knowledge that comes with daily follow-up of the case. But what specific points did Morgan highlight that could affect the case’s narrative?<\/p>\n

Potential Exclusions and Considerations<\/strong><\/h3>\n

Morgan made a few concessions that could be integral to understanding the proceedings. For one, he suggests that sales by Ripple to On-Demand Liquidity (ODL) customers, which aren’t majorly covered in the SEC’s complaint, might not constitute investment contracts. In this case, it could possibly exempt Ripple from some charges.<\/p>\n

Will the Secondary Market Influence the Case?<\/strong><\/h3>\n

Further, Morgan speculates that if Judge Torres evaluates secondary market sales, she might need to consider whether XRP itself in secondary markets is security. While it’s a complex point, its implications could drastically affect the case’s outcome.<\/p>\n

SEC\u2019s Upper Hand?<\/strong><\/h3>\n

Despite the various arguments in favor of Ripple, Morgan expressed his confidence in the SEC’s potential victory based on his extensive experience litigating both for and against the agency. How this prediction aligns with the final verdict, however, remains to be seen. <\/p>\n

The Ripple community is undoubtedly taking Morgan’s views seriously as they continue to watch the case unfold.<\/p>\n

Also Read – Ripple Vs SEC Lawsuit: Pro-XRP Lawyer Tips 25% Chance for Ripple Victory<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Prominent digital asset enthusiast and lawyer, Bill<\/p>\n","protected":false},"author":3,"featured_media":176447,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nSEC vs Ripple: Will Secondary Markets Save XRP? Lawyer Reveals Shocking Insights! - Coinpedia Fintech News - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/sec-vs-ripple-will-secondary-markets-save-xrp-lawyer-reveals-shocking-insights-coinpedia-fintech-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEC vs Ripple: Will Secondary Markets Save XRP? 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