Oregon AG sues Coinbase over 31 alleged ‘Crypto Securities,’ including XRP

Justin Slaughter, Vice President of Regulatory Affairs at crypto investment firm Paradigm, shared on X a screenshot of the Oregon Attorney General’s (AG) lawsuit against crypto exchange Coinbase. The complaint alleges that 31 “Crypto Securities,” including XRP, LINK and UNI, were offered and sold as investment contracts. This classification goes beyond the 13 tokens previously identified by the U.S. Securities and Exchange Commission (SEC), according to Crypto In America host Eleanor Terrett. The lawsuit further asserts that Coinbase either participated in or materially facilitated the purchase or sale of unregistered securities to customers in Oregon. Coinbase previously called the Oregon AG’s planned lawsuit an attempt to revive legal arguments that have been discredited.