A recent meeting between Coinbase and Ripple Chief Legal Officers (CLOs) sparked speculations of a possible XRP listing. While responding to the post, many crypto enthusiasts speculated that the meeting might place XRP on the Coinbase marketplace again.
Others called on Coinbase to relist XRP to enable Ripple supports its fight with the US SEC. But amid the speculations and enthusiasm, an Australia-based attorney, Bill Morgan, responded to the tweet stating there won’t be a relisting.
Coinbase Won’t Relist XRP Due To The Meeting, Morgan
Coinbase CLO Paul Grewal sparked speculations when he shared his picture with Ripple Stuart Alderoty on Twitter. In the tweet, Grewal thanked Alderoty for welcoming him, stating they should meet more often.
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Stuart Alderoty also responded by thanking him for taking out time to chat with Ripple’s legal team. Notably, top shots in the industry, including CryptoLaw founder John Deaton and Australian-based lawyer Bill Morgan responded to the post.
While Deaton applauded the teamwork, tipping his cap to them, Bill Morgan stated that Coinbase is not a friend to XRP holders. Morgan mentioned that teamwork would ensure a successful win against a common foe. But he is skeptical that the exchange will relist XRP due to the meeting.
No a Coinbase XRP listing will not follow. Why would Ripple expect Coinbase to relist XRP when in the last few weeks Ripple decided not to use XRP in Ripple’s own liquidity hub service. The meeting was more likely about how Ripple could assist Coinbase in either its petition /1 https://t.co/2Dw2XxZrNm
— bill morgan (@Belisarius2020) May 4, 2023
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Author: Eli Dambel