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Coinbase's relisting of XRP could affect pending litigation if Ripple loses SEC lawsuit, says attorney Jeremy Hogan

Lawyer Jeremy Hogan has warned that Coinbase could face negative consequences in its pending litigation if it relists XRP before the SEC vs. Ripple lawsuit is resolved. Hogan believes that if Ripple loses the lawsuit, Coinbase would be put on the back foot. Coinbase delisted XRP after the SEC charged Ripple with violating securities laws. The SEC has responded to Coinbase's writ of mandamus, stating that it is not in a hurry to establish rules for crypto and will continue to use enforcement actions instead of rulemaking.

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