Express

Coinbase Sued by Clients For Selling "Security" XRP

Mary Liu

Summary: According to Bloomberg, Coinbase customers filed a class-action lawsuit in California Federal Court, claiming that Coinbase should have known that XRP is a kind of securities, and the exchange “illegally sold” XRP and collected commissions from it, violating California’s unfair competition laws. Previously, Coinbase announced to suspend XRP trading on January 19, 2021. By Mary ...

According to Bloomberg, Coinbase customers filed a class-action lawsuit in California Federal Court, claiming that Coinbase should have known that XRP is a kind of securities, and the exchange “illegally sold” XRP and collected commissions from it, violating California’s unfair competition laws. Previously, Coinbase announced to suspend XRP trading on January 19, 2021.

By Mary Liu

Last Update:

Tags: ,,,
Link: Coinbase Sued by Clients For Selling "Security" XRP   [Copy]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 14 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 21 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 24 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 27 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... August 29, 2025

    • You need to login to comment.