CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Moralis Money
crypto.news 2025-04-22 11:42:32

Oregon’s new lawsuit against Coinbase presses security claims on XRP, even after Ripple settlement

XRP appeats to be back in legal crosshairs as Oregon sues Coinbase over unregistered securities, listing the token among 31 assets allegedly sold in violation of state law. In the ongoing regulatory saga, Oregon’s lawsuit against crypto exchange Coinbase has drawn attention for reviving a familiar classification: more than 30 tokens, including XRP ( XRP ), are once again labeled as securities, as noted by Paradigm’s vice president of regulatory affairs Justin Slaughter. More to come, but one thing that jumps out about the Oregon AG suit is it actually covers many more tokens than the SEC complaint did, with 31 tokens claimed to be unregistered securities, including UNI, AAVE, FLOW, LINK, MKR, and even XRP. It's a true kitchen sink lawsuit. https://t.co/PpnSqoWcgM pic.twitter.com/0ZSmPeFiwG — Justin Slaughter (@JBSDC) April 21, 2025 In an X post on Monday, Slaughter published an excerpt of the filing, reading that Coinbase has made available for trading in Oregon crypto assets that are offered as securities. You might also like: Coinbase secures more SEC documents on Ethereum 2.0 investigation The complaint lists dozens of assets by name and symbol, including Aave ( AAVE ), Cardano ( ADA ), Algorand ( ALGO ), Solana ( SOL ), Uniswap ( UNI ), and XRP. The lawsuit goes on to state that Coinbase, through the Coinbase Platform and Prime, made available for trading in Oregon crypto assets that “are offered and sold as investment contracts, and thus as securities.” These assets, the lawsuit notes, could be traded “for consideration, such as U.S. dollars, fiat currencies, or other crypto assets.” Each unit of a listed asset, it adds, “trades at the same price as another unit of that same asset.” The SEC dropped its own case against Coinbase in February 2025. Coinbase’s chief legal officer Paul Grewal called the Oregon action a “copycat,” warning it could “hinder ongoing bipartisan efforts in Congress” to pass national crypto rules. Read more: Crypto-friendly Paul Atkins sworn in as 34th U.S. SEC Chairman

https://www.digistore24.com/redir/325658/ceobig/
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.