Crypto Lawyer Debunks Negative Comments Targeted at XRP
Aug 18, 2024
< 1 min read
by CoinEdition

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- Bill Morgan highlighted XRP’s positive qualities, debunking criticism.
- Critics accused Ripple of awarding all XRP tokens to themselves from the onset.
- Bitcoin maximalists compared XRP’s development to Bitcoin’s.
Renowned crypto lawyer Bill Morgan highlighted some of the XRP’s positive qualities while debunking negative comments about the altcoin. In a recent post on X, Morgan noted that XRP remained a top ten cryptocurrency despite a two-year investigation and a four-year-long lawsuit.
According to Morgan, after the lengthy lawsuit over allegations of being a security, the court determined that XRP is not a security. The crypto lawyer also noted that the crypto token has a transaction speed of three seconds and costs a fraction of a cent to execute.
Notably, Morgan’s comments targeted addressi…
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