TLDR
- Bill Morgan defends XRP’s legal status after Ripple’s court victory, calling it “not a security.”
- XRP price jumps 13% following Ripple’s legal win, signaling growing investor confidence.
- Morgan criticizes Michael Saylor for labeling all altcoins as securities.
- Ripple’s legal battle resolution boosts XRP’s legitimacy and trading volume.
In the wake of Ripple’s legal victory in its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC), pro-XRP lawyer Bill Morgan has called out Bitcoin maximalists, particularly Michael Saylor, for their stance on altcoins like XRP. Morgan responded to Saylor’s previous remarks where he stated that only Bitcoin was a commodity, while labeling other cryptocurrencies, including XRP, as securities. The win has sparked a rise in XRP’s value, with the price jumping by 13% to $3.35.
Bill Morgan Defends Ripple Victory Against Bitcoin Maximalists
Bill Morgan expressed strong support for Ripple and its community after the SEC case concluded in Ripple’s favor. He emphasized that Ripple’s past XRP sales were legal and had been settled with the SEC. “These sales and distributions were lawful,” Morgan remarked. The lawyer further stated that Ripple’s victory put to rest any uncertainty about XRP’s status as a security, asserting that XRP “was, is, and forever will be, not a security.”
Morgan also praised the Ripple community for remaining steadfast in the face of the SEC’s long legal battle against the company. He referred to the SEC’s actions as a “collateral attack against XRP,” and took the opportunity to criticize Bitcoin maximalists for continuously challenging XRP’s legal status.
The issue of Ripple programmatic sales of XRP in the manner sold until 2020 and other distributions, that were not sales to institutions, is now res judicata as between the SEC and Ripple. Those sales and distributions were lawful.
XRP itself was, is, and forever will be, not…
— bill morgan (@Belisarius2020) August 7, 2025
Morgan’s comments were particularly directed at Michael Saylor, who had previously claimed that all altcoins were securities, while only Bitcoin could be classified as a commodity.
Criticism of Bitcoin Maximalists and Michael Saylor
Morgan did not hold back in his criticism of Bitcoin maximalists, who have frequently targeted XRP. He called out Michael Saylor and others in the Bitcoin community for their dismissive remarks toward XRP and its supporters. Saylor’s previous statements labeling XRP and other altcoins as securities were met with Morgan’s sharp response:
“To Bitcoin maxis like Michael Saylor, who said only Bitcoin was a commodity and all altcoins are securities: go f*** yourselves.”
Morgan’s remarks are part of a larger ongoing feud between Bitcoin enthusiasts and supporters of altcoins, particularly XRP. The Bitcoin community has often criticized XRP, while Ripple fans continue to defend the cryptocurrency’s legal status.
This back-and-forth has grown more intense in recent weeks, as Bitcoiners have called out Ripple and its investors. Morgan’s stance is clear: he believes the legal settlement with the SEC and the positive development for Ripple’s case should end the debate about XRP’s classification as a security.
Continued Attacks and the Future of XRP
Amid the tension between Ripple and Bitcoin maximalists, there have been ongoing attacks on XRP from figures within the Bitcoin community. Some critics, like Adam Livingston, have accused Ripple of exploiting its investors and using them for its own financial gain. These accusations are met with a direct rebuttal from Morgan, who pointed out that XRP has shown a significant increase in value since its creation, up by over 50,000%.
In addition, Morgan criticized the hostile rhetoric often used by Bitcoin supporters when faced with differing opinions. He highlighted the use of derogatory terms like “retard” by some Bitcoin maxis when arguing against Ripple or other altcoins. This language, according to Morgan, shows a pattern of disrespect and dishonesty within the Bitcoin community.
The recent victory for Ripple in its legal battle against the SEC has fueled optimism among XRP supporters. Experts are now speculating that the case could pave the way for further regulatory clarity, potentially even influencing the approval of an XRP-based exchange-traded fund (ETF) in the future. With the price surge and growing support, XRP’s outlook appears to be improving despite ongoing challenges.
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