Litecoin not included in lawsuit against Coinbase


A class-action lawsuit was filed on 3/11/2022 against Coinbase alleging that 79 digital tokens listed on Coinbase are unregistered securities.


Bitcoin and Litecoin are not included in the lawsuit. The controlled supply and decentralized nature of Bitcoin and Litecoin have been recognized as commodities by courts, regulators.



The filing is a 261 page document outlying each token in the lawsuit along with the class action allegations.



Here is a list of the tokens:



The lawsuit looks to cover all persons and entities who transacted in any of the 79 tokens listed on this page on the Coinbase platform and/or the Coinbase Pro platform between October 8, 2019 and the present.


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