Lawyer Slams Oregon’s Coinbase Lawsuit as ‘Dystopian Nonsense’, Highlights XRP Timing

A new lawsuit filed by the Oregon Attorney General against Coinbase has drawn criticism, specifically for including XRP in its claim that it sold crypto assets as unregistered securities. Legal experts and industry observers point out the flaw of the complaint, which ignores the fact that Coinbase had delisted XRP from its platforms for nearly three years. The complaint alleges that Coinbase made several crypto assets, including XRP, available for trading as securities through its platform. However, legal action was filed shortly after Coinbase activated XRP futures trading on its CFTC-regulated derivatives platform.