Ripple’s lawyer leaves right before legal battles, sign of trouble?

One of Ripple’s lawyers, Brynly Llyr, has left the organization just before it is about to head into lawsuits to determine if it is a security or not and if it is, does the coin distribution constitute an illegal securities offering. This could be bad news for ripple as it has long denied that it is a security and having that status changed means that it would be subject to new regulations that might hamper its growth. Ripple is in competition with XLM for clients in the banking industry.

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