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 <h2 id="coinbase-would-have-acquired-stake-in-ripple">Coinbase Would Have Acquired Stake In Ripple?</h2> 
 <p>Attorney Deaton blamed the US SEC lawsuit for the slowdown in progress of <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a> projects. If not for the lawsuit, the company would have been in such a position that it would have been acquired by crypto exchange Coinbase, in the context of its acquiring stake in Circle, the company behind the stablecoin USDC, he questioned.</p> 
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  <p>“What could have happened regarding adoption of <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> during the last 3 years, if the lawsuit was never filed? Would Coinbase today be announcing it acquired a stake in <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>, instead of Circle?”</p> 
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 <h2 id="impact-on-xrp-price">Impact On XRP Price</h2>  
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 <p>The lawsuit had also undoubtedly affected the token price, which despite the heavy headwinds stood strong thanks to the support from community.&nbsp;The attorney had also reminded that Coinbase was heavily promoting <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> before the SEC filed lawsuit in December 2020, after which many other crypto exchanges delisted the token for trading. He added that it is not often stated currently about “How much Coinbase promoted <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> before the lawsuit. Deaton added that he had himself doubled down on his <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> investment after Coinbase listed the token and promoted its utility.</p>  
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XRP Lawyer: Coinbase May Have Acquired Ripple Too?

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