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

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 11 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago

    • You need to login to comment.