TLDR
- Ripple lawyer Bill Morgan strongly denied claims that XRP lacks legal clarity.
- He cited Judge Analisa Torres’ 2023 ruling in the XRP lawsuit as legal precedent.
- The ruling determined XRP is not a security when sold on exchanges.
- Morgan argued that XRP has more legal clarity than Bitcoin.
- He emphasized that there is no court ruling contradicting the XRP lawsuit decision.
The XRP lawsuit has once again ignited discussion on the token’s legal standing, driven by a sharp dispute on the X platform. Ripple attorney Bill Morgan responded to claims challenging XRP’s clarity with firm assertions backed by court rulings. The debate intensified as Morgan refuted criticisms that ignored significant judicial decisions in the XRP lawsuit.
Ripple Lawyer Says XRP Has Legal Clarity
Ripple lawyer Bill Morgan dismissed recent comments on X alleging that XRP lacks legal clarity and institutional credibility. He referenced the 2023 ruling by Judge Analisa Torres, which found XRP is not a security when sold on exchanges. Morgan emphasized that the XRP lawsuit has already delivered legal precedent supporting the token’s status.
This is a lie. XRP has been found by a judge not itself to be a security. The SEC Appeal did not challenge that finding. To say XRP has no legal clarity is the biggest lie I have seen in crypto this year. https://t.co/6x1AycUxja
— bill morgan (@Belisarius2020) June 1, 2025
He pointed out that the ruling carries persuasive legal authority and supports XRP’s non-security classification in the context of public sales. The XRP lawsuit, he argued, establishes more clarity for the token than currently exists for Bitcoin or Ethereum. In his view, the lack of opposing legal findings only strengthens XRP’s position.
The debate began when a user claimed that XRP has no legal clarity despite the outcome of the XRP lawsuit. Morgan responded directly, labeling the claim as misleading and lacking a legal basis. His rebuttal aimed to correct what he called widespread misinformation within the crypto community.
XRP Lawsuit Ruling Shapes Crypto Legal Framework
Judge Torres’ decision in the Ripple lawsuit clarified the regulatory status of the Ripple token in various sale contexts. She concluded that institutional sales were securities transactions, but general sales on exchanges were not. This key distinction continues to shape the legal narrative surrounding XRP.
The ruling marked a turning point in the Ripple lawsuit and provided a framework for token classification in U.S. courts. Despite the ongoing nature of the broader case, the decision stood as a legal reference point. Morgan has repeatedly cited this ruling in defense of Ripple’s position.
In public statements, Morgan explained that the court’s findings serve as binding precedent in similar legal environments. He noted that no subsequent decision has reversed or weakened the ruling in the XRP lawsuit. Therefore, he insisted that the Ripple token enjoys unique legal clarity that is not shared by many other digital assets.
Legal Experts Echo Ripple’s Legal Standing
Other legal commentators, such as Fred Rispoli, supported Morgan’s interpretation of the XRP lawsuit and its implications. Rispoli stated that XRP and Bitcoin are the only major tokens with confirmed legal clarity in the U.S. market. This view aligned with the reasoning set out in Judge Torres’ 2023 decision.
Morgan also referenced the SEC’s inability to prove Ripple marketed XRP as a security to retail buyers. He said this legal fact reinforces the uniqueness of the XRP lawsuit compared to others in the industry. In his view, this detail significantly weakened the SEC’s position.
Additionally, Morgan brought attention to Justin Keener‘s renewed filing in the XRP lawsuit, which may impact future proceedings. He claimed the submission could offer decisive evidence, reigniting speculation over the case’s outcome. However, the court has not yet issued a formal response to the motion.
