Bill Morgan Denies ‘Coinbase Lawyer’ Label, Says XRP Reduction by Coinbase May Explain Price Moves
The post Bill Morgan Denies ‘Coinbase Lawyer’ Label, Says XRP Reduction by Coinbase May Explain Price Moves appeared on BitcoinEthereumNews.com.
Coinbase reduced its XRP holdings from about 780 million to roughly 199 million XRP, a ~69% cut; legal advocate Bill Morgan said this change aligns with historic XRP volatility and is not definitive proof of deliberate price manipulation by Coinbase. Coinbase cut XRP reserves by ~69% (780M → 199M XRP) Bill Morgan denied being a “Coinbase lawyer” and argued price moves matched prior XRP cycles. Discussion focuses on transparency, exchange reserve disclosures, and market-pattern analysis (on-chain data cited by community observers). Coinbase XRP holdings: Coinbase cut reserves ~69%, Bill Morgan disputes manipulation claims — read analysis and key takeaways for traders. Learn more. Bill Morgan rebukes false media reports labeling him a Coinbase lawyer after addressing speculation surrounding XRP price manipulation claims. What happened to Coinbase’s XRP holdings and why does it matter? Coinbase XRP holdings were reduced from approximately 780 million XRP to about 199 million XRP, a reported ~69% decrease that sparked community debate. The reduction matters because large reserve movements can correlate with heightened volatility, but they do not alone prove intentional price manipulation. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); How did Bill Morgan respond to claims of Coinbase-driven manipulation? Bill Morgan, a recognized crypto lawyer and pro-crypto advocate, publicly rejected a media post that misidentified him as a “Coinbase lawyer.” He clarified on X (formerly Twitter) on September 7 that his comments on…
Filed under: News - @ September 7, 2025 10:24 pm