XRP-Focused Lawyer Bill Morgan: Here’s My Biggest Complaint about Ripple
Photo: Times Tabloid
Lawyer Bill Morgan has questioned Ripple’s decision to retain control over the distribution of XRP held in escrow, explaining that the company could have completed the entire release process years earlier. He believes distributing the full 1 billion XRP allocation every month, without relocking any portion, would have eliminated the escrow balance by the second half of 2023. His comments also challenge the recurring criticism surrounding Ripple’s monthly escrow releases and calls for the company to burn the remaining tokens.
Source: Times Tabloid
