Crypto Advocate Bill Morgan Shares Big Take On Xrp As New Fud Emerges

Crypto lawyer Bill Morgan has challenged claims that XRP is a scam, arguing that Ripple’s transparent regulatory approach and legal compliance contradict such assertions. He emphasized that Ripple actively seeks global licenses and regulatory oversight, which he says is inconsistent with the behavior of fraudulent entities.

Morgan cited Ripple's recent licensing approvals in Luxembourg and the U.K. as examples of its commitment to legal operations, following the company's federal court victory over the U.S. Securities and Exchange Commission in 2023. Despite criticism from retail investors frustrated by XRP’s stagnant price, currently at $1.95, Morgan maintains that disliking a project does not justify labeling it a scam.