Crypto Lawyer Disputes XRP as Security, Sparks Debate on Token Utility

Crypto lawyer Bill Morgan countered a claim by XPUNKNFTs’ founder, @BradPunkhouse on X, that an ecosystem relying solely on a particular token automatically makes that token a security. In his post, the user had criticized XRP, saying that Ripple relies solely on the crypto token. He compared Ripple’s activities with Solana’s, claiming that Solana’s case […] source: https://coinedition.com/crypto-lawyer-disputes-xrp-as-security-sparks-debate-on-token-utility/