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coinpedia 2024-04-23 11:28:59

Ripple Lawyer Clarifies ODL Sales Not Investment Contracts, Defends Against SEC

The post Ripple Lawyer Clarifies ODL Sales Not Investment Contracts, Defends Against SEC appeared first on Coinpedia Fintech News As the Ripple vs SEC legal battle escalates, the blockchain payments firm has filed an opposition citing that XRP sales on ODL do not count as investment contracts. 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. …

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