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Did Ripple Pay Influencers to Hype XRP? Lawyer Says SEC Had Zero Proof


by Abdulkarim Abdulwahab
for CoinEdition
no-proof-ripple-paid-influencers-to-hype-xrp-top-attorney
  • Bill Morgan says the SEC lacked evidence that Ripple built influencer networks to hype XRP.
  • This comes amid debates over XRP’s strong market presence compared to Chainlink’s, despite its partnership with SWIFT.
  • XRP supporters argue that the token’s value reflects real-world adoption.

A lawyer and pro-XRP advocate who closely followed the SEC v. Ripple case, Bill Morgan, has dismissed claims that Ripple orchestrated a network of influencers to promote XRP. He said that if the SEC had evidence of such activities, it would have been central to the case.

“The SEC had nothing to show the court about hype or promotional activities directed to programmatic and secondary market buyers,” Morgan argued, pointing to court filings. 

The judgment confirmed that Ripple’s promotional documents, including the “Ripple Primer” and “Gateways” brochure, were sha…

Read The Full Article Did Ripple Pay Influencers to Hype XRP? Lawyer Says SEC Had Zero Proof On Coin Edition.

Read the article at CoinEdition

Read More

XRP Price Check: Analyst Eyes ‘The Chasm’ at $10.30 as Price Continues to Climb

XRP Price Check: Analyst Eyes ‘The Chasm’ at $10.30 as Price Continues to Climb

XRP is trading near $3.05, a 1.9% increase in the past day, which has boosted the wee...
SEC Goes Skeleton Crew in U.S. Shutdown, Canary Litecoin ETF Left Waiting

SEC Goes Skeleton Crew in U.S. Shutdown, Canary Litecoin ETF Left Waiting

The U.S. government shutdown has left the Securities and Exchange Commission (SEC) op...

Did Ripple Pay Influencers to Hype XRP? Lawyer Says SEC Had Zero Proof


by Abdulkarim Abdulwahab
for CoinEdition
no-proof-ripple-paid-influencers-to-hype-xrp-top-attorney
  • Bill Morgan says the SEC lacked evidence that Ripple built influencer networks to hype XRP.
  • This comes amid debates over XRP’s strong market presence compared to Chainlink’s, despite its partnership with SWIFT.
  • XRP supporters argue that the token’s value reflects real-world adoption.

A lawyer and pro-XRP advocate who closely followed the SEC v. Ripple case, Bill Morgan, has dismissed claims that Ripple orchestrated a network of influencers to promote XRP. He said that if the SEC had evidence of such activities, it would have been central to the case.

“The SEC had nothing to show the court about hype or promotional activities directed to programmatic and secondary market buyers,” Morgan argued, pointing to court filings. 

The judgment confirmed that Ripple’s promotional documents, including the “Ripple Primer” and “Gateways” brochure, were sha…

Read The Full Article Did Ripple Pay Influencers to Hype XRP? Lawyer Says SEC Had Zero Proof On Coin Edition.

Read the article at CoinEdition

Read More

XRP Price Check: Analyst Eyes ‘The Chasm’ at $10.30 as Price Continues to Climb

XRP Price Check: Analyst Eyes ‘The Chasm’ at $10.30 as Price Continues to Climb

XRP is trading near $3.05, a 1.9% increase in the past day, which has boosted the wee...
SEC Goes Skeleton Crew in U.S. Shutdown, Canary Litecoin ETF Left Waiting

SEC Goes Skeleton Crew in U.S. Shutdown, Canary Litecoin ETF Left Waiting

The U.S. government shutdown has left the Securities and Exchange Commission (SEC) op...