Oregon Attorney General Sues Coinbase Over XRP Sales

Oregon Attorney General Dan Rayfield has filed a lawsuit against Coinbase, accusing the exchange of selling 31 unregistered securities, including XRP, to its residents. This action follows previous SEC actions that have been dismissed but seeks similar outcomes for digital asset offerings. The case highlights ongoing regulatory challenges for both Coinbase and the broader cryptocurrency market. Despite the legal action’s immediate impact on prices, investor skepticism remains evident as market reaction is muted pending further developments.