Coinbase faces strong criticism from XRP lawyers amid ongoing tensions surrounding the Ripple vs SEC lawsuit.

Legal experts accuse the crypto exchange of prioritizing its interests over community welfare. As Coinbase responds to its own legal challenges, pro-XRP voices highlight its earlier silence in the Ripple case.

Coinbase has faced strong criticism from XRP lawyers amid ongoing tensions surrounding the Ripple vs. SEC lawsuit. As the cryptocurrency exchange responds to its own legal challenges, pro-XRP voices highlight the company’s earlier silence in the case.

Earlier this month, XRP legal expert Bill Morgan expressed his disapproval of Coinbase’s silent approach toward Ripple’s ongoing legal fight with the SEC, which began in 2020. The exchange became involved in the debate after the SEC specifically targeted it.

Morgan stated that Coinbase chose this moment because it reflected their personal goals rather than community support.

“Coinbase and Paul Grewal were silent until the SEC came for Coinbase. Then, they decided to get involved.”

At a crucial moment of its legal fight, Ripple received no legal backing from Paul Grewal and his team during a pivotal moment of its legal struggle. He added that their avoidance of intervention hampered the Ethereum community’s initial struggle to take a legal position against the SEC.

Morgan launched a fresh round of attacks against the cryptocurrency exchange through his commentary.

With national recognition of the Ripple controversy, several pro-XRP advocates hoped major cryptocurrency platforms would demonstrate more backing. The CEO stated that Coinbase executed no support actions, although Ripple took sole responsibility.

During this period, Coinbase maintained its silence until the Securities and Exchange Commission forced it to take legal action.

Lawyer Fred Rispoli supported these concerns by stating identical points about Coinbase conducting its operations for profit without considering community matters.

He went on to criticize the exchange for following profit-related concerns without considering community needs. Rispoli noted that Coinbase never advertised itself as an organization that protects cryptocurrency users.

According to him, the restrictive Coinbase terms of service proved contradictory to the exchange’s public identity. Rispoli suggests that controlling user behavior stands above user empowerment in the policies that Coinbase implements.

According to his remarks, Coinbase established its business framework from the beginning to work in favor of corporations.

The SEC lawsuit prompted Coinbase to start promoting crypto reform measures since it affected the exchange’s operations. Coinbase’s late reaction proved it did not provide early backing to Ripple alongside other industry partners.

According to Rispoli, their current advocacy work seemed insincere due to his explanation.

“They’re doing it to save their own necks. It’s not genuine. They’re trying to appear like good guys, but they’re not.”

Paul Grewal from Coinbase described the pivotal support from Ripple allies while discussing it with MetaLawMan in his latest interview.

Grewal expressed appreciation toward Stuart Alderoty and John Deaton, who initially fought the SEC before Coinbase joined the effort.

From Grewal’s words, we can infer he acknowledges Ripple’s initial fight for its cause. However, several people argue the company’s efforts commenced too late.

During a recent interview with MetaLawMan, he defended that Ripple had existed as a solitary entity in legal battles for numerous years before others chose inaction.

He emphasized that the crypto industry must demonstrate support for Ripple’s legal efforts despite member allegiance differences. His statement reflected an increasing call for cooperation from the crypto sector.