News View Non-AMP

Ripple Lawsuit Ends: Pro-XRP Lawyer John Deaton Revisits XRP Delisting Amid Coinbase Futures Filing

Published by
Anjali Belgaumkar

In a major development for the crypto market, Coinbase Derivatives has filed with the Commodity Futures Trading Commission (CFTC) to self-certify XRP futures. This move offers investors a regulated, capital-efficient way to trade XRP, one of the most liquid digital assets. The futures contracts are expected to go live on April 21, 2025.

This announcement comes against the backdrop of a long and complex legal battle between XRP, Ripple, and the U.S. Securities and Exchange Commission (SEC). Pro-XRP lawyer John Deaton revisited key events in the legal timeline, showing the ups and downs XRP has faced in the regulatory landscape.

  • January 2019: Coinbase met with the SEC, confirming XRP was not classified as a security after a thorough review by top securities lawyers. This meeting was crucial before Coinbase listed XRP, ensuring it met regulatory standards.
  • February 2019: XRP was officially listed on Coinbase, promoted alongside USDC for international money transfers.
  • December 2020: The SEC filed a lawsuit against Ripple, claiming XRP was a security—a surprising move that contradicted earlier analyses from both Coinbase and SEC enforcement lawyers.
  • July 2023: Judge Analisa Torres ruled in favor of Ripple, declaring XRP is not a security. This ruling led to XRP’s re-listing on Coinbase and other exchanges.

“Like the experienced securities lawyers at Coinbase, its clear SEC Enforcement lawyers, in 2018, also did NOT conclude XRP a security, because the lawyers who wrote the XRP Memo, did NOT recommend enforcement, nor did they recommend a cease and desist to stop selling XRP,” Deaton wrote.

Deaton pointed out the irony of the situation, how so much time and resources were spent on legal battles that could have been avoided with clearer regulatory guidance. Despite the past turbulence, Coinbase’s new XRP futures show renewed confidence in XRP’s regulatory standing and growing demand in the financial markets.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Breaking: Ripple Drops Its Cross Appeal and Anticipates U.S. SEC to Cooperate

Ripple Labs, a top-tier blockchain payment company based in the United States, has made a…

June 28, 2025

Bitcoin Price Analysis: Low Speculative Urgency Signals More Pain In the Midterm

Bitcoin (BTC) price has experienced faded bullish sentiment in the recent past as traders factor…

June 28, 2025

Is Altseason Coming? CryptoQuant Analyst Spots Key Accumulation Signal

CryptoQuant analyst Axel Adler Jr. has spotted a potential early sign of a new altcoin…

June 27, 2025

Litecoin LTC Price Prediction 2025, 2026 – 2030: Can Litecoin Reach $1000 Dollars?

Story Highlights Litecoin price today is . Litecoin price may reach a potential high of…

June 27, 2025

Polkadot Price Prediction 2025, 2026 – 2030: Will DOT Price Cross $10?

Story Highlights The live price of the Polkadot crypto token is . Polkadot price can…

June 27, 2025

Toncoin Price Prediction 2025, 2026 – 2030: Will TON Price Reach $10?

Story Highlights The live price of the TON token is Toncoin price could hit a…

June 27, 2025