Coin

<ul class="news-points"> 
 <li>Bill Morgan recently highlighted the controversy surrounding XRP sales to Ripple’s ODL customers.</li> 
 <li>The crypto lawyer believes that the difference between XRP’s programmatic and ODL sales is significant for the lawsuit. </li> 
 <li>Morgan asserted that the XRP sales to ODL clients cannot be deemed investment contracts by the SEC.&nbsp;</li> 
</ul> 
Bill Morgan, a lawyer who is popular among crypto circles on Twitter, recently shared his take on the issue of Ripple’s <a href="https://coinedition.com/multiple-crypto-analysts-predict-xrps-price-may-surge-to-5/">XRP</a> sales to its on-demand liquidity (ODL) customers. This issue has been underreported despite being cited by the U.S. Securities and Exchange Commission in its lawsuit against Ripple.&nbsp; 
Bill Morgan took to <a href="https://twitter.com/Belisarius2020/status/1674272871454216192" target="_blank" rel="nofollow">Twitter</a> earlier today to highlight the difference between the programmatic sales and the ODL sales of XRP by Ripple. According to the crypto lawyer, the difference is significant in the context of the lawsuit, given that it may lead to inferences that the XRP community may not be prepared to consider.&nbsp; 
“My theory is Ripple XRP sales to ODL customers cannot be investment contracts because there is no investment or investment intent by ODL customers and no expectation of profits by ODL customers who hold XRP for a very …
The post <a rel="nofollow" href="https://coinedition.com/crypto-lawyer-shares-his-take-on-ripple-odl-xrp-sales/">Crypto Lawyer Shares His Take On Ripple’ ODL XRP Sales</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Crypto Lawyer Shares His Take On Ripple’ ODL XRP Sales

Coin Edition

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