Coinbase lawyer? Bill Morgan shuts down false media labeling

Just a day after addressing speculation that the US major cryptocurrency exchange Coinbase could be manipulating XRP price movements, Bill Morgan has to redefine his true identity after being misidentified by the media.

That was Bill Morgan on Sunday, September 7th. Spots For X, we publish a fierce response to trendy media posts that appear to have mistakenly identified Procrypto’s lawyers as “Coinbase lawyers.”

Bill Morgan dismisses buzz with XRP manipulation

meanwhile Bill Morgans The misunderstanding of it as a “Coinbase lawyer” may not have been intentional. The lawyer frowned at the Media Post seriously, pushing him hard against the false title, as he saw it as a horrifying insult that he could not overlook.

Nevertheless, it is important to note that Morgan’s misunderstanding as Coinbase lawyer came amid the rising debate within the Coinbase community that Coinbase may be manipulating Coinbase prices. XRP, This led to a recent drawdown.

The claims appeared to be persuasive after the report Coinbase Reductions in XRP holdings have emerged. The extraordinary movement reduced Coinbase XRP Holdings by about 69%, dropping from 780 million XRP to 199 million XRP.

The move has formed the narrative that the Crypto community is said to be a sale in an attempt to deliberately push the price of XRP.

Bill Morgan had taken him to the media space to deal with speculation, challenging his claims of XRP manipulation. In his statement, Bill Morgan argued that XRP prices were merely forming a normal pattern, and that they were also formed when Coinbase was not engaged in market activities and abolished the tokens from its trading platform.

Morgan further acknowledged Coinbase’s unwelcome stance on XRP, but he confirmed that Coinbase’s decline in XRP holdings is not valid evidence that the exchange may be manipulating the price of its assets.

Following Morgan’s defense of Coinbase on the issue, he has been misidentified as Coinbase’s lawyer. Nevertheless, Morgan cleared the air with a false identification. Morgan received the Coinbase tag as an insult he was unwilling to tolerate, warning the crypto community to remain true to his actual identity.