The post Ripple Lawsuit Ends: Pro-XRP Lawyer John Deaton Revisits XRP Delisting Amid Coinbase Futures Filing appeared first on Coinpedia Fintech News
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.
“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.
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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.
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