Skip to content
August 26, 2025NewsBTC logoNewsBTC

Pro-XRP Lawyer Blasts SEC Lead Counsel In Ripple Case Following Conclusion

Pro-XRP lawyer Bill Morgan has called out Jorge Tenreiro, who was the lead counsel in the Ripple ￰0￱ follows the conclusion of the long-running legal battle between the crypto firm and the ￰1￱ Lawyer Calls Out Counsel In Ripple Case In an X post, Bill Morgan revealed that the lead counsel for the SEC in the Ripple case is now a partner at a major law ￰2￱ pro-XRP lawyer further stated that Tenreiro’s profile refers to some of his courtroom successes in crypto enforcement. However, he noted it oddly overlooks and does not mention his two-thirds loss in the Ripple case and the appeal he filed, which the SEC agreed to ￰3￱ Reading: SEC Delays Appeal Withdrawal In Ripple Lawsuit, Pro-XRP Lawyer Says Expect To Hear Something In This Timeframe In line with this, Morgan declared that even Tenreiro knows that Ripple succeeded in what ￰4￱ said that he will always remember the lead counsel for running an “unsustainable legal theory” that XRP was a security, which Judge Torres ruled against by stating that the altcoin in itself is not a security.

Meanwhile, the pro-XRP lawyer alluded to the lead counsel’s attempt to smear John Deaton’s character before the court in the Ripple ￰5￱ was actively involved in the case as an amicus curiae, supporting the crypto firm in its case against the Commission. Notably, Tenreiro spearheaded other crypto cases during his time at the ￰6￱ brought the enforcement actions against Binance, Terraform Labs, and Sam Bankman-Fried in the FTX ￰7￱ like the Ripple case, the Binance case has also been dropped, while Tenreiro and his team received a favorable ruling in the Terraform case. Notably, he was reassigned to the IT department when the Trump administration came into ￰8￱ was before Tenreiro’s exit from the ￰9￱ Lawsuit Finally Concludes The Ripple SEC lawsuit has finally concluded after almost five years, since the Commission first instituted the ￰10￱ development follows the ￰11￱ Court’s approval of the Joint Stipulation of Dismissal from the crypto firm and the ￰12￱ this, the SEC and Ripple have now dropped their appeal and cross-appeal cases, ￰13￱ Reading: XRP Price Crashes After SEC Denies XRP ETFs, What Are The Next Important Dates?

The next move will be for Ripple to fulfill its $125 million monetary judgment that Judge Torres ordered against it in her final ruling due to its securities ￰14￱ crypto firm will have to pay the complete sum, as Judge Torres decided not to adopt the settlement agreement that both parties had reached earlier in the ￰15￱ the settlement agreement, Ripple would have only had to pay $50 million out of the $125 ￰16￱ the time of writing, the XRP price is trading at around $2.94, down almost 3% in the last 24 hours, according to data from ￰17￱ image from iStock, chart from ￰18￱

NewsBTC logo
NewsBTC

Latest news and analysis from NewsBTC

Grayscale Forecasts Explosive Altcoin Growth—11 Crypto Assets Set to Meet Fresh SEC Standards

Grayscale Forecasts Explosive Altcoin Growth—11 Crypto Assets Set to Meet Fresh SEC Standards

Altcoins including XRP, cardano, avalanche, chainlink, bitcoin cash, shiba inu, and polkadot are set for a powerful breakout as Grayscale forecasts sweeping SEC-approved expansion in regulated crypto ...

Bitcoin.com logoBitcoin.com
1 min
Europol Flags Sophisticated Blockchain Crime as EU Boosts Investigative Cooperation

Europol Flags Sophisticated Blockchain Crime as EU Boosts Investigative Cooperation

EU law enforcement is intensifying cooperation and investments to combat increasingly sophisticated blockchain abuse tactics by criminals, focusing on cross-border investigations and standardized tool...

CoinOtag logoCoinOtag
1 min
Criminal Crypto Use Is Becoming 'Increasingly Sophisticated', Says Europol

Criminal Crypto Use Is Becoming 'Increasingly Sophisticated', Says Europol

EU law enforcement has pledged deeper cooperation and investment as criminals refine blockchain abuse tactics....

Decrypt logoDecrypt
1 min