Bill Morgan, a prominent Australian-based lawyer, recently urged XRP community members to politely engage former SEC official Marc Fagel. Fagel has argued that Ripple violated the US Securities Act by selling XRP, which he views as an unregistered security. Morgan advises XRP holders to thank Fagel for his opinion, rather than attacking him about it, and to not get discouraged if the SEC ultimately succeeds in the case against Ripple.

Recently, Fagel made the claim that the SEC has a better summary judgment argument than Ripple, based on his experience as a lawyer over the past three decades. He believes the regulator is correct in asserting Ripple violated Section 5 of the United States Securities Act, which requires all issuers of non-exempt securities to register with the SEC. He also said he wouldn’t be surprised if the court grants summary judgment in Ripple’s favor.

Members of the XRP community have responded with disdain to Fagel’s claims, accusing him of being biased and ignorant. Morgan has stepped in to urge them to be more polite, and to debate Fagel’s opinion instead of attacking him.

The case between the SEC and Ripple is now winding down, with both parties having filed their respective summary judgment motions and awaiting a ruling from Judge Analisa Torres. While there is no confirmed date yet, predictions made by CryptoLaw founder John Deaton, Ripple CEO Brad Garlinghouse, and the leading blockchain company all point to the ruling coming somewhere within the first half of 2023. Ripple is also confident Judge Torres will make the final ruling before the end of the year.

Meanwhile, Bill Morgan has made it clear that no matter the outcome of the case, XRP community members should continue to politely engage Fagel in the debate. This is the third time Morgan has made such a request, and it looks like the community is listening.



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