Lawyer Reacts As Pundit Says Judge Torres May Take Final Action On XRP Case Today
Main Idea
Lawyer Bill Morgan challenges speculation about Judge Torres' final action on the Ripple vs. SEC case, emphasizing the importance of verifiable legal facts over market rumors.
Key Points
1. Bill Morgan disputes a claim by X user Ray that Judge Torres may give the final green light in the Ripple vs. SEC case, calling the post 'deluded and wrong'.
2. The SEC and Ripple jointly filed to dismiss their respective appeals, marking a significant development in the case.
3. Morgan stresses the need to distinguish between verifiable legal facts and market rumors, as public statements can influence trading sentiment.
4. With the SEC vs. Ripple dispute formally closed, future XRP price movements may depend more on market factors than judicial rulings.
Description
Prominent lawyer and XRP enthusiast Bill Morgan has publicly challenged a speculative claim regarding the conclusion of the long-running legal dispute between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. His remarks came in response to a post by X user Ray, who suggested that Judge Analisa Torres still needs to give final approval in the matter, potentially leading to a significant price surge for XRP. Ray’s post claimed that “all eyes” should be on Monday, alleging tha...
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