Oregon Attorney General Sues Coinbase, Claims XRP Among Other Cryptos Are Unregistered Securities

Salem, Oregon – In a significant move signaling increased state-level scrutiny of cryptocurrency operations, Oregon’s Attorney General Dan Rayfield has initiated a lawsuit against the major crypto exchange Coinbase, alleging that the platform has been trading digital assets that are effectively unregistered securities. This lawsuit was filed over concerns that such practices violate Oregon’s securities laws. The legal action highlights a proactive stance taken by state authorities amid what is perceived as a lessened federal focus during the previous administration. The Oregon Department of Justice, announcing the lawsuit on April 18, indicated it as a … Read more

SEC vs Ripple Showdown: Final Verdict on XRP Lawsuit Expected Imminently

San Francisco, CA — In a pivotal legal showdown that could set a precedent for cryptocurrency regulation, the ongoing lawsuit between the U.S. Securities and Exchange Commission (SEC) and blockchain company Ripple Labs Inc. over its digital token XRP is nearing a potential resolution. This case, emblematic of the growing scrutiny on the cryptocurrency market by U.S. regulators, has caught the attention of investors worldwide since its initiation in December 2020. The SEC accuses Ripple Labs and its top executives of conducting an unregistered securities offering, raising over $1.3 billion through the sale of XRP. … Read more

XRP Legal Expert Debunks Claims of SEC Cryptocurrency Assignments During Trump’s Tenure

Washington, D.C. — As the realm of cryptocurrency continues to evolve, the regulatory landscape appears increasingly complex and contentious. A recent statement from an attorney representing Ripple, a prominent technology company in the blockchain space, seeks to dispel rumors allegedly linking the company’s legal challenges with the U.S. Securities and Exchange Commission (SEC) to the agency’s purported practices under the Trump administration. The attorney emphasized that the allegations suggesting any preferential treatment or specific targeting of cryptocurrency companies like Ripple by the SEC during the previous administration lack substantial evidence and do not accurately reflect … Read more

Attorney John Deaton Sheds Light on Ethereum’s Struggle as XRP Shows Promising Growth

In the dynamic world of cryptocurrency, shifts in market dominance and technological advances often dictate the pace of the industry. Recently, John Deaton, a prominent attorney familiar with digital currency regulations, shed light on the increasing challenges faced by Ethereum as XRP, a major player in the digital currency market, gains substantial momentum. Deaton, who is closely aligned with Ripple Labs, Inc. in various legal capacities but not employed by the company, pinpointed changes in the regulatory landscape and market dynamics that could potentially alter Ethereum’s stronghold on the market. His observations enter the discourse … Read more