Legal Expert: Ripple Escrow Has Been the Epicenter of Lies and FUD about XRP

In the ongoing debate about XRP’s market performance and long-term value, one issue that consistently resurfaces is Ripple’s use of escrow.

While many market participants focus on price movements and trading volume, Bill Morgan, a well-respected attorney, has pointed to a deeper concern that has fueled confusion within the crypto space for years.

Morgan recently addressed what he called a persistent campaign of misinformation surrounding XRP escrow releases. In a post on X, the attorney stated that the escrow system “has been the epicentre of lies and FUD about XRP and XRP price action for years.”

His comment highlights a concern shared by many in the XRP community that inaccurate narratives about Ripple’s escrow practices are contributing to unwarranted fear and skepticism.

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Ripple’s Escrow and the Misinformation Problem

Ripple’s escrow mechanism, designed to release XRP monthly, has long been a subject of public scrutiny. While the system was implemented to provide transparency and predictability, critics have frequently claimed that the releases flood the market and suppress price growth.

Morgan, however, argues that such claims are not based on accurate data. He emphasized that falsehoods about the number of XRP released each month have misled not only outsiders but also some within the XRP community.

His remarks were made in response to a post by a community member who highlighted the increasing volume of incorrect information regarding the specifics of XRP escrow activity. Morgan recently mocked critics of the escrow mechanism, as XRP has outperformed other assets apart from Bitcoin and Ethereum.

Experts have explained that Ripple’s escrow system aids XRP’s growth. However, the misinformation remains persistent. It even confuses XRP supporters.

Community Reaction Highlights Broader Frustration

One community member commented on the perceived double standard in how the crypto community treats Ripple’s XRP holdings compared to Bitcoin’s corporate treasuries. The comparison suggests that XRP’s escrow is unfairly criticized, while similar practices by Bitcoin advocates, such as Michael Saylor, are often celebrated or ignored.

He warned that Saylor is trying to play Ripple’s role in Bitcoin’s ecosystem, but the Bitcoin maximalists accept Saylor’s actions while criticizing Ripple and spreading false narratives about XRP.

A Continuing Challenge for XRP Holders

Morgan’s statement reinforces the ongoing challenge for XRP holders seeking clarity in a market often clouded by rumor and speculation. While many detractors constantly attempt to spread false narratives, the XRP community has many experts ready to intervene, ensuring Ripple and XRP don’t drown in misinformation.

Disclaimer*: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.*