The outcome of the Ripple case, whether XRP is ruled as a security or not, will have an impact on the lawsuits against Coinbase and Binance, according to crypto lawyers. The SEC filed lawsuits against Coinbase and Binance alleging that they offered unregistered securities, similar to the allegations against Ripple. A favorable outcome for Ripple could undermine the SEC’s case against Coinbase and Binance, but it would not be binding precedent for these recent filings.
– The outcome of the Ripple case will have an impact on the lawsuits against Coinbase and Binance.
– A favorable outcome for Ripple could undermine the SEC’s case against Coinbase and Binance.
– The judges for the Coinbase and Binance lawsuit will not be bound to rule the same way as only decisions of the Court of Appeals and the Supreme Court have that influence.
