Breaking: Coinbase Sued For Selling XRP Alleged to be Security Tokens

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Cryptocurrency exchange COINBASE was today sued in California federal called for selling XRP alleged to be security token as per latest SEC lawsuit against Ripple. Coinbase is sued for taking commission from XRP sales and violating state unfair competition laws.

Coinbase Sued Over “illegal” XRP Sales

Just few weeks after SEC filed a $1.3 Billion lawsuit against Ripple, a federal court in California has received a complaint against Coinbase for selling XRP alleged to be security token.

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