Amid the legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC) regarding XRP’s non-security status, Bill Morgan, a well-known pro-XRP lawyer has shed his take on the lawsuit.
War Over The Non-Security Status Of XRP Has Ended
On Thursday, January 11, Morgan took to the social media platform X (formerly Twitter) to express his belief in the legal dispute between the two firms. In the post, the pro-XRP lawyer declared that the battle between Ripple and the SEC over XRP’s non-security status has come to an end.
The X post came in response to the commission’s latest motion in the ongoing case. According to Morgan, now that the war is over, “the battle for post-complaint ODL sales since December 2020 has just started.”
Morgan’s X post was accompanied by a screenshot of a section in the SEC’s most recent filing. It noted that the agency detailed its attempt to file an interlocutory appeal at an earlier stage of the lawsuit.
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