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Legal Community Excepts XRP Verdict by May 6, Lawyer Admits SEC Has One Valid Claim

Chatter among the legal community has increased in recent days as a verdict is now expected by some on or before May 6, with others admitting the SEC has one valid claim.

According to Bill Morgan, a pro-XRP lawyer, the US Securities and Exchange Commission (SEC) may be right about investors buying XRP with the expectation of Ripple winning the ongoing case against the SEC.

The claim is part of the SEC’s ongoing legal battle with Ripple, in which the regulatory body alleges that XRP is an unregistered security.

XRP XRP $1.44
-1.42%
SEC XRP Ripple
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