Pro-XRP Lawyer Criticizes SEC Counsel After Ripple Case Conclusion

Pro-XRP lawyer Bill Morgan criticized Jorge Tenreiro, lead counsel in the Ripple case, following the SEC's conclusion of its legal battle with Ripple.

XRP Lawyer Calls Out Counsel In Ripple Case

Tenreiro is now a partner at a major law firm, noted for his courtroom successes in crypto enforcement.
Morgan highlighted Tenreiro's omission of his two-thirds loss in the Ripple case and the appeal that was dismissed by the SEC.
Judge Torres ruled that XRP is not a security, contradicting Tenreiro’s claims.
Morgan referenced Tenreiro's attempts to undermine John Deaton’s character during the trial.
Tenreiro previously led enforcement actions against Binance and Terraform Labs; the Binance case has been dropped.
He faced reassignment in the Trump administration prior to leaving the SEC.

XRP Lawsuit Finally Concludes

The Ripple SEC lawsuit concluded after nearly five years, with both parties dropping their appeals.
Ripple must pay a $125 million judgment due to securities violations, as Judge Torres rejected an earlier settlement proposal.
The settlement would have reduced Ripple's payment to $50 million.

The current price of XRP is approximately $2.94, down nearly 3% in the last 24 hours.

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