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Ripple and XRP: Top Lawyer Answers Tricky Question

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Unlocking Ripple's $XRP: Top lawyer reveals answer to tricky question xrp xrpsec xrparmy xrpcommunity xrpl xrpledger xrpthestandart ripple ripplesec

Morgan responded to the query, stating that Ripple had actually presented a solution in 2020. The company's approach involved selling XRP exclusively to ODL customers, focusing on fulfilling the demand within that specific use case. The lawyer noted that the demand for XRP in ODL transactions appeared to be steadily increasing, implying that this strategy was gaining momentum.

Addressing another concern raised within the XRP community, Morgan confirmed that the SEC did mention the escrow in its summary judgment motion. The SEC alleged that Ripple used the escrow account as a means of reinforcing the notion of a common enterprise associated with

 

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