Tyler, who responded to the complaint, referenced 2023’s federal ruling in the SEC vs. Ripple case, which concluded that XRP is not a security when sold on public exchanges. He called out Oregon’s attorney general for disregarding this outcome, stating, “Maybe Oregon’s AG didn’t get the memo. A U.S. Federal judge already ruled that XRP is NOT a security.”

He went further, calling for the AG’s impeachment for wasting taxpayer money and defying existing legal precedent.

Maybe Oregon’s AG didn’t get the memo. A U.S. Federal judge already ruled that XRP is NOT a security. Impeach this clown for wasting taxpayer money and blatantly defying the law. https://t.co/viuTwbMxov

— Tyler Winklevoss (@tyler) April 22, 2025

Oregon’s Legal Challenge

The U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against Coinbase, Ripple, and many other cryptocurrency companies. Despite this, the Oregon Department of Justice, in an April 18 statement, framed the lawsuit as an attempt to address a regulatory vacuum left by what it claimed was federal inaction under the Trump administration.

It argues that Coinbase, through its standard platform and Prime service, offered tokens such as XRP, Aave, and Uniswap as investment contracts, allegedly making them securities under Oregon law.

Coinbase’s chief legal officer, Paul Grewal, expressed frustration with the legal challenge, as it ignores important precedent, including the ruling on XRP’s status and Judge Katherine Polk Failla’s decision to allow an interlocutory appeal in the SEC’s case.

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What’s Next for XRP?

For Winklevoss and others in the crypto sector, Oregon’s action contradicts that clarity and reintroduces uncertainty into an issue many considered resolved at the federal level.

By ignoring the federal court ruling, Oregon’s attorney general has drawn direct criticism from the crypto community members who see the move as legally unsound and politically motivated. Winklevoss’s response reflects broader frustration within the industry regarding continued attempts to relitigate XRP’s status through state-level enforcement.

Despite the legal uncertainty, Coinbase recently expanded its support for XRP by adding futures contracts to its derivatives platform on April 21. Coinbase is not backing down, and just as Ripple fought the SEC for years, Coinbase could win another major victory for the crypto space in Oregon.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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The post Gemini Co-Founder Backs XRP In Latest Case Against Coinbase appeared first on Times Tabloid.

Over the past few days, the crypto market has been showcasing a bullish trend. Bitcoin (BTC) and Ethereum (ETH) have managed to record huge gains, while other top cryptocurrencies also leveraged the positive moment.

Read Also: This Is Why Ethereum Co-Founder Is Bidding Farewell to Crypto Industry

Tyler Winklevoss Reveals His Level of Bullishness on Ethereum (ETH)

As the market displays a positive trend, which is clearly led by Ethereum (ETH), Tyler Winklevoss, the co-founder of Gemini exchange, has revealed his bullishness on the second-largest cryptocurrency.

In a tweet that has since garnered tons of reactions, Tyler pointed out that he’s both short-term and long-term bullish on Ethereum and its native token ETH.

Tyler Winklevoss tweeted, “I’m short-term bullish and long-term bullish on Ether ETH.”

I'm short-term bullish and long-term bullish on Ether $ETH

— Tyler Winklevoss (@tyler) August 6, 2021

Read Also: Real Vision’s Raoul Pal: Ethereum (ETH) Will Beat Every Other Top Crypto in the Coming Years

Tyler Winklevoss’s comment about his bullishness on Ethereum (ETH) came in the wake of the much-anticipated London upgrade, which was deployed a couple of hours ago along with EIP-1559, in a bid to boost the user experience on the Ethereum network.

It’s worthy of note that the major reason for the upgrade is already materializing. Thousands of the digital token ETH have been burned since the upgrade became effective.

Vitalik Buterin, the co-founder of Ethereum (ETH), has also expressed his profound joy over the success of the upgrade, seeing it as a stepping stone to the success of the upcoming chains merge.

Cathie Wood Applauds Ethereum’s Innovation and Steady Development

Cathie Wood, founder and CEO of ARK Invest, has expressed her interest and support for Ethereum and its tons of decentralized finance (DeFi) ecosystem in a recent tweet.

Read Also: Judging By History, Top Analyst Says Ethereum (ETH) Would Hit $18,000 by July 2022

Cathie Wood tweeted, “ARK Invest applauds the DeFi innovation evolving on and around the Ethereum blockchain.”

.@ARKInvest applauds the DeFi innovation evolving on and around the #Ethereum blockchain. https://t.co/QvK5JA1sIY

— Cathie Wood (@CathieDWood) August 6, 2021

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The post Gemini’s Tyler Winklevoss: I’m Short-Term and Long-Term Bullish on Ethereum (ETH) appeared first on Times Tabloid.