The resurgence of old emails about XRP from 2014 triggered claims on social media that “it was a planned operation from the very beginning.” The posts were interpreted as indicating that some powerful names wanted to push Ripple and XRP out of the system in the early period. As the discussions grew, pro-XRP lawyer Bill Morgan published a comprehensive assessment of the content of the documents. Morgan emphasized that the allegations were not supported by concrete evidence and called on the public to be cautious.
Facts Revealed by 2014 Emails
E-mails stated to be from 2014 indicate that Jeffrey Epstein has a desire to harm Ripple and XRP Ledger. The documents show that some circles at the time were disturbed by Ripple’s activities and shared opinions that the company’s influence should be limited. However, the correspondence does not provide direct evidence that an organized and long-term operation was being carried out.
Bill Morgan states that the documents in question only reflect an exchange of intentions and ideas. According to the lawyer, it is not right to consider a single correspondence as the beginning of a years-long oppression process. While the emails reveal personal views from a specific period, they lack official records showing that these views were translated into practice.
Morgan also states that many of the comments made on social media are based on undocumented assumptions. There are no court records, regulatory reports or corporate correspondence that would prove a systematic move against Ripple. For this reason, it is stated that the 2014 documents alone do not constitute the basis for a comprehensive conspiracy narrative.
SEC Process and Gensler Discussions
One of the most important points that Bill Morgan drew attention to was the timing issue. The US Securities and Exchange Commission’s official review of Ripple began in the first half of 2018. This date comes nearly four years after the controversial emails. According to Morgan, the long period of time makes it difficult to establish a direct link between the allegations.
2018 also covers the period when former SEC official Bill Hinman made his speech stating that Ethereum was not considered a security. The statement, which had a great impact in the crypto market, was effective in shaping the regulatory approach. Morgan emphasizes that it is not clear whether the Ripple investigation accelerated during this period was a coincidence or the result of separate dynamics.
On the other hand, in some public correspondence, it appears that Gary Gensler was brought up by various circles in 2018. Morgan reminds that Gensler started working at MIT in the same year. However, according to the lawyer, there is no evidence that Gensler held a role related to MIT Media Lab or its former director Joi Ito between 2014 and 2018. Therefore, claims that the regulatory process is shaped through personal relationships remain unfounded.
