<ul class="news-points"> 
 <li><strong>Lawyer Bill Morgan argued that no inherent restriction prevents Ripple from selling its XRP.</strong></li> 
 <li><strong>The view arose amid debates that Ripple has no unrestricted rights to sell XRP.</strong></li> 
 <li><strong>Ripple’s API data suggests the payment firm marketed $142 million in XRP in December 2023.</strong></li> 
</ul> 
<p>Bill Morgan, a prominent pro-crypto legal expert, has weighed in on the ongoing debate surrounding Ripple’s ability to sell the XRP it owns to the public. In a recent tweet, Morgan emphasized that no inherent restriction prevents the blockchain-based payment protocol from selling its XRP. He likened it to any entity selling an asset it owns.</p> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">There is nothing that prevents Ripple selling its XRP. Anyone can sell an asset it owns. The issue is whether in the US it needs to register its sales and offers of XRP with the SEC. If Ripple sells XRP programmatically as it has in the past it does not need to register the sales… <a href="https://t.co/vHbeCTpeP0" target="_blank" rel="nofollow">https://t.co/vHbeCTpeP0</a></p>— bill morgan (@Belisarius2020) <a href="https://twitter.com/Belisarius2020/status/1747352391551467587?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">January 16, 2024</a>
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<p>The argument arose as <a href="https://x.com/DarkhorseDNME4/status/1747291728543981857?s=20" target="_blank" rel="nofollow">an X user contested</a> that the U.S. court granted Ripple unrestricted rights to sell any amount of XRP, provided such sales adhere to a programmatic framework.&nbsp;</p> 
<p>According to Morgan, the cru…</p>
<p>The post <a href="https://coinedition.com/legal-expert-asserts-ripples-right-to-sell-any-amount-of-xrp/">Legal Expert Asserts Ripple’s Right To Sell Any Amount of XRP&nbsp;</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Legal Expert Asserts Ripple’s Right To Sell Any Amount of XRP

Coin Edition

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