Coinbase and Binance’s ongoing legal battles are set to have a closely-watched impact from courts presiding over a case against Ripple by the United States Securities and Exchange Commission (SEC), according to crypto lawyers. The litigation against Ripple stems from allegations that it offered unregistered securities from XRP since 2013. The SEC’s lawsuit against Coinbase claims that it too has offered unregistered securities, with Barinance facing a similar lawsuit a day later. James Murphy, who tweets under the handle “MetaLawMan”, argued in a recent series of tweets that a positive outcome for Ripple could weaken the SEC’s case against Coinbase and Binance, but warned that it would not be binding precedent for these recent filings. XRP-friendly lawyer Bill Morgan, a consultant at Morgan Mac Lawyers, agreed that the Ripple case could have an influence over the Binance and Coinbase cases.
Trader Says One Dogecoin and Shiba Inu Rival Is Set for Big Correction, Updates Outlook on Bitcoin and Solana
A popular crypto strategist, known as Kaleo, has made a prediction about the future of Pepe (PEPE), a rival to...
