Crypto Lawyer Reinforces Arguments for XRP’s Decentralized Status

• Bill Morgan gives evidence to support the XRP decentralization narrative.
• Grayscale, Bitwise, and Franklin Templeton consider XRP a decentralized asset.
• XRP’s clear status is a reason for increased adoption of the cryptocurrency.

Founder and CEO of Cyber Capital, Justin Bons, claimed that XRP is centralized and permissioned in his latest tweet. Renowned cryptocurrency lawyer Bill Morgan continued with his argument that XRP is a decentralized cryptocurrency by citing Grayscale’s description of the digital asset in a recent filing with the SEC.

For example from a recent Grayscale filing with the SEC. https://t.co/3NvRazEaMd pic.twitter.com/cKTqJPKmqV

— bill morgan (@Belisarius2020) October 18, 2025

Grayscale, Bitwise, and Franklin Templeton Describe XRP

According to Grayscale’s latest filing, XRP is a digital asset created and transmitted through the ope…

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