The Oregon Ministry of Justice recently filed a lawsuit with Coinbase, which has sparked widespread attention and criticism. In severe reprimand, XRP lawyer Bill Morgan criticized XRP complaints in Oregon on Coinbase as “Dystopian nonsense”, highlighting the state’s apparent ignorance of the previous judicial decisions regarding Token’s mode.
This article studies the details of the administration’s allegations against Coinbase and the dispute of the XRP lawyer with management claims.
XRP lawyer criticizes a law against Coinbase in Oregon: Knowing more
In a modern x publication, XRP lawyer Bill Morgan drew attention To the contradictions in the latest lawsuit submitted by the Ministry of Justice in Oregon. The administration, led by Public Prosecutor Dan Riveld, claimed that Coinbase, a significant exchange of encryption, has violated its government financial bases by submitting unregistered securities, including XRP.
Bill Morgan has strongly opposes Oregon’s arguments in the XRP lawsuit since 2020. With the assertion of Judge Angia Torres that XRP is the insecurity, the lawyer rejected the allegations of Oregon AG as “bilateral nonsense”.
Oregon AG’s XRP complaint against Coinbase
In the last development, Oregon’s Ministry of State filed a lawsuit against Coinbase. According to Coinbase, Oregon Rivild’s state is a work to “revive the dead”. The same claim to submit the unregistered securities that Coinbase had previously dropped with a bias followed by AG Rayfield in the lawsuit.
Why is Coinbase’s lawless lawsuit?
It is worth noting that the XRP lawyer Bill Morgan highlights two reasons for the conclusion that the Coinbase lawsuit is illogical.
First, Coinbase XRP has not sold its trading platform or Coinbase Prime for about three years since the American SEC filed a lawsuit. The stock exchange deleted the distinguished symbol in December and returned it only after the decision of the brief judgment of Judge Torres. Thus, the current allegations of Oregon AG can be considered an unfounded exchange.
Second, Judge Torres’s ruling explicitly stated that XRP himself is not safe. This contradicts the claim of the Ministry of Justice that XRP is “encryption security”.
Nino against Jamal
NYNU V Jamal is an emotional encryption journalist with three years of experience in Blockchain, Web3 and Fintech balls. She has created herself as an attractive and attractive voice in the coded currency and blocks. She added her experience as an assistant professor in English and literature to her endeavor to formulate well and accessible media content.
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