June 19, 2021

Breaking: Coinbase Sued For Selling XRP Alleged to be Security Tokens

1 min read

Cryptocurrency exchange Coinbase was today sued in California federal called for offering XRP declared to be security token according to latest SEC claim against Ripple. Coinbase is sued for taking commission from XRP sales and breaching state unreasonable competition laws.

Coinbase Sued Over “illegal” XRP Sales

Simply couple of weeks after SEC submitted a $1.3 Billion suit versus Ripple, a federal court in California has received a problem against Coinbase for offering XRP declared to be security token.

Story under development…….

The post Breaking: Coinbase Sued For Selling XRP Alleged to be Security Tokens appeared initially on Coingape.