XRP Lawsuit: Can Coinbase’s Ruling Catalyze A Reversed Judgement?

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With Coinbase Exchange losing in Court, Securities expert are now warning that the XRP lawsuit is no longer out of the woods

FOX Business Senior Correspondent Charles Gasparino took to X to reveal that some securities lawyers have highlighted the impact that the Coinbase ruling might have on the ongoing XRP lawsuit.

The Coinbase Ruling Precedent

Earlier in the week, a United States Court rejected Coinbase’s motion to dismiss the Securities and Exchange Commission’s (SEC) lawsuit against the platform. According to Judge Katherine Failla, the Commission has sufficiently pleaded that Coinbase operates as an exchange, broker, and clearing agency under Federal Law.

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