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XRP Lawsuit: Lawyer Explains Why ODL Sales Are Not Investment Contracts

source-logo  coingape.com 23 April 2024 13:34, UTC

Pro-XRP lawyer Bill Morgan has made a compelling argument regarding Ripple’s On-Demand Liquidity (ODL) sales. Moreover, he emphasized that these ODL sales do not constitute investment contracts. Morgan’s assertion comes amidst Ripple Labs’ ongoing legal battle with the United States Securities and Exchange Commission (SEC) over the classification of XRP.

coingape.com