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XRP Has More Legal Clarity Than Bitcoin Says Lawyer Bill Morgan

  • XRP has more legal clarity than Bitcoin, as it is not considered a security in secondary market sales according to a 2023 ruling by Judge Torres which the SEC did not appeal.
  • In the SEC vs. Ripple lawsuit, a joint settlement request was rejected by U.S. District Judge Analisa Torres, keeping the case ongoing and reigniting debates over XRP's legal status.
  • Lawyer Bill Morgan refuted misinformation claiming XRP lacks legal clarity, emphasizing that XRP has judicial clarity and is not considered a security, unlike Bitcoin.
  • Despite the rejected settlement request, the core outcome of XRP's legal standing remains intact, providing reassurance to investors as Ripple and the SEC continue discussions over penalties.

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