Legal Expert: Ripple Escrow Has Been the Epicenter of Lies and FUD about XRP
Main Idea
Legal expert Bill Morgan argues that Ripple's escrow mechanism has been unfairly targeted by misinformation and FUD, which has misled even some within the XRP community about its impact on XRP's price and market performance.
Key Points
1. Ripple's escrow system, designed to release XRP monthly, has been a focal point of misinformation and FUD, misleading some XRP community members.
2. Bill Morgan asserts that the escrow has been unfairly criticized, while similar practices by Bitcoin advocates like Michael Saylor are accepted without scrutiny.
3. Experts argue that Ripple's escrow system actually supports XRP's growth, contrary to claims that it suppresses price action.
4. The XRP community faces ongoing challenges with misinformation, but experts continue to counter false narratives to protect Ripple and XRP's reputation.
Description
In the ongoing debate about XRP’s market performance and long-term value, one issue that consistently resurfaces is Ripple’s use of escrow. While many market participants focus on price movements and trading volume, Bill Morgan, a well-respected attorney, has pointed to a deeper concern that has fueled confusion within the crypto space for years. Morgan recently addressed what he called a persistent campaign of misinformation surrounding XRP escrow releases. In a post on X, the attorney stated t...
Latest News
- Ripple Never Dropped Its Appeal with the SEC. So What Happened? Details2025-08-05 11:27:31
- 42 Banks Tried to Block Ripple’s Bank License. Here’s Why Wall Street Is Scared of XRP2025-08-05 11:24:33
- Legal Expert: Ripple Escrow Has Been the Epicenter of Lies and FUD about XRP2025-08-05 10:30:37
- Mutuum Finance (MUTM) Gains Buyers While Cardano (ADA) Holds Steady at $0.74 Despite DeFi Growth2025-08-05 10:11:23
- Remittix (RTX) Wallet And Upcoming Listing Announcements Overshadow Cardano (ADA) $71M Funding Approval2025-08-05 09:53:36