Home,   Read,   News

Oregon AG Sues Coinbase After SEC Drops Case

Months after Trump's inauguration signaled a regulatory shift in federal attitudes toward crypto, Oregon's attorney general is reviving Biden era arguments.

Subscribe to Bankless or sign in

Oregon’s Attorney General picks up where the SEC left off, suing Coinbase Coinbase for alleged securities violations months after federal charges were dropped.

What’s the Scoop?

  • State-Level Action: Oregon Attorney General Dan Rayfield filed a securities enforcement lawsuit against Coinbase, accusing it of operating as an unregistered broker and exchange.
  • Echoing Federal Charges: The lawsuit mirrors previously dropped SEC charges, which alleged Coinbase’s staking program wasn’t properly registered.
  • Focus Shifting to States: With the SEC softening its stance recently, state officials are stepping in to address crypto regulation gaps.

1
0
Uniswap Labs - Sponsor Image
Sponsored Uniswap Labs Unichain is live! Bridge & swap with Uniswap Labs' web app or wallet.
In The Article
Coinbase Coinbase
Bankless

Written by Bankless

346 Articles • View all      

It’s time to break up with your bank, and join the movement for a better world.

No Responses
Search Bankless