Tyler Winklevoss, co-founder of Gemini, has voiced strong criticism of Oregon Attorney General Dan Rayfield regarding the state’s lawsuit against Coinbase. The lawsuit claims that XRP and other digital assets offered by Coinbase are unregistered securities, violating Oregon law. 2023’s ruling in the SEC vs. Ripple case concluded that XRP is not a security when sold on public exchanges. Winklevoss challenged the Attorney General’s action, calling for his impeachment, arguing he was wasting taxpayer money and disobeying established legal precedent. He posted a tweet stating: “Maybe Oregon’s AG didn’t get the memo. A U.S. Federal judge already ruled that XRP is NOT a security.” Winklevoss further criticized Oregon’s attempt to pursue this action. 2023’s federal ruling in the SEC vs. Ripple case concluded that XRP is not a security when sold on public exchanges. The Oregon Department of Justice, however, argues that Coinbase, through its standard platform and Prime service, offered tokens such as XRP, Aave, and Uniswap as investment contracts, potentially classifying them as securities under Oregon law. Coinbase’s chief legal officer Paul Grewal expressed frustration with the lawsuit, noting it ignores significant precedents such as the ruling on XRP’s status and Judge Katherine Polk Failla’s decision to allow an interlocutory appeal in the SEC’s case. Winklevoss joined a chorus of industry voices who believe this challenge undermines clarity and introduces uncertainty about the future of XRP after the federal court’s ruling. Coinbase expanded support for XRP by adding futures contracts to its derivatives platform on April 21, demonstrating their commitment to the asset. The legal dispute highlights the ongoing debate about XRP’s classification as a security and underscores the importance of clarifying regulatory frameworks in the cryptocurrency sector.