In an X post, pro-XRP lawyer Bill Morgan criticized the US Securities and Exchange Commission (SEC). This is after the SEC requested Ripple Labs pay $2 billion to the regulatory watchdog to settle the ongoing legal battle of XRP vs. SEC. As per Morgan, it makes no sense that a company that largely successfully defended a lawsuit should cut a check for $2 billion to the other party.
Following Morgan’s critique, the XRP community engaged in discussions regarding the SEC’s request for Ripple Labs to pay $2 billion. Notably, a user identified as @XRP4FREEDOM voiced a different perspective, proposing that Ripple’s CEO, Brad Garlinghouse, and Chief Legal Officer, Stuart Alderoty, should consider paying the settlement to halt further legal actions by the SEC. The user questioned the risk associated with prolonging the legal battle, especially in light of Coinbase’s recent move to seek an interlocutory appeal.
Ripple’s XRP Case Tied to Coinbase Appeal
Coinbase, a prominent cryptocurr
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