Pro-XRP Lawyer Fires Back at VanEck for Favoritism During Ripple-SEC Lawsuit
The post Pro-XRP Lawyer Fires Back at VanEck for Favoritism During Ripple-SEC Lawsuit appeared on BitcoinEthereumNews.com.
The post Pro-XRP Lawyer Fires Back at VanEck for Favoritism During Ripple-SEC Lawsuit appeared first on Coinpedia Fintech News Ripple’s legal battle with the SEC continues to make headlines. Attorney Bill Morgan took to social media and criticised VanEck for playing both sides. Morgan brought to attention VanEck’s inconsistency as they pushed for fairness in ETFs, but chose to remain silent for XRP when it was in a similar situation. Don’t recall you complaining about SEC favoritism when Ripple was sued over XRP sales and Ethereum received a free pass. https://t.co/h8CJ2qk9Yt — bill morgan (@Belisarius2020) June 9, 2025 For the unversed, asset managers like VanEck, Canary Capital, and 21Shares signed a joint letter to the SEC Chair Paul Atkins, urging a fair and consistent process for approving crypto ETFs. Bill Morgan Slams VanEck’s Silence on XRP Case They requested the SEC to adopt a fair “first-to-file, first-to-approve” rule for crypto ETFs explaining that favoritism damages innovation in the ETF market. This came after long delays and growing uncertainty around spot ETF approvals. But Morgan slammed VanEck for staying silent during the Ripple lawsuit. Morgan wrote on X, “Don’t recall you complaining about SEC favoritism when Ripple was sued over XRP sales and Ethereum received a free pass.” XRP faced legal actions, while Ethereum walked away clean when it was called a non-security by SEC official William Hinman in a 2018 speech. Key Court Deadline Could Trigger Major Moves This has raised concerns over conflicts of interest at the SEC. Critics like John Deaton have also questioned how credible Hinman’s speech actually was and whether the SEC is being fair and transparent with its crypto rules. These comments come as the crypto community anxiously awaits for updates on a likely settlement between the Ripple vs SEC. A key deadline for the…
Filed under: News - @ June 10, 2025 8:24 am