Oregon's lawsuit against Coinbase expands to include XRP, SOL, and LINK, raising legal uncertainty for these crypto assets.
Coinbase notified over 500,000 Oregon users about the lawsuit filed without their consent, highlighting concerns about state-level regulatory reach.
Oregon's case covers more cryptocurrency tokens than the original SEC lawsuit, reigniting the debate on whether XRP should be classified as a security.
The SEC's decision to drop the case against Ripple leaves no legal precedent for the classification of assets like XRP, creating regulatory uncertainty in the industry.