CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Moralis Money
crypto.news 2025-04-18 13:48:31

Oregon files ‘copycat’ lawsuit against Coinbase, mirroring SEC action

The Oregon Attorney General filed a lawsuit against Coinbase that echoes the SEC’s lawsuit from 2023. The lawsuit, just like the SEC’s prior suit, alleges that the cryptocurrency exchange operated as an unregistered securities platform and offered staking services without appropriate registration, according to Coinbase. This state-level action comes shortly after the U.S. Securities and Exchange Commission dismissed its federal lawsuit against Coinbase in February 2025. Today the Oregon Attorney General is resurrecting the dead by bringing a copycat case of @SECGov 's enforcement action against Coinbase. As a reminder, the SEC dismissed that case with prejudice. This type of political jockeying is an embarrassing waste of Oregon taxpayer… — paulgrewal.eth (@iampaulgrewal) April 18, 2025 The SEC’s case, initiated in June 2023, accused Coinbase of facilitating the trading of at least 13 crypto tokens deemed unregistered securities and operating an unregistered staking program. The dismissal marked a shift in federal regulatory approach under the Trump administration, which has expressed intentions to develop a more transparent and collaborative framework for digital assets. You might also like: MoonPay CEO pushes for fair federal-state balance in stablecoin laws A ‘copycat’ lawsuit Coinbase’s Chief Legal Officer, Paul Grewal, criticized Oregon’s lawsuit as a “copycat” of the SEC’s previous action, asserting that it recycles arguments the federal agency has already abandoned. Grewal emphasized that such state-level actions could hinder ongoing bipartisan efforts in Congress to establish comprehensive federal legislation for digital assets. The SEC’s earlier dismissal of its case against Coinbase was part of a broader reevaluation of its enforcement strategies concerning cryptocurrencies. Acting SEC Chair Mark Uyeda announced the formation of a Crypto Task Force aimed at developing clear regulatory guidelines, moving away from the previous administration’s enforcement-centric approach. Despite the federal shift, Oregon’s lawsuit underscores the complexities of crypto regulation in the United States, where state and federal jurisdictions can diverge . Coinbase has pledged to contest the lawsuit vigorously, maintaining that its operations comply with existing laws and that the majority of digital assets should not be classified as securities.​ You might also like: Singapore should treat crypto as infrastructure, not just risk: Coinbase

https://www.digistore24.com/redir/325658/ceobig/
Feragatnameyi okuyun : Burada sunulan tüm içerikler web sitemiz, köprülü siteler, ilgili uygulamalar, forumlar, bloglar, sosyal medya hesapları ve diğer platformlar (“Site”), sadece üçüncü taraf kaynaklardan temin edilen genel bilgileriniz içindir. İçeriğimizle ilgili olarak, doğruluk ve güncellenmişlik dahil ancak bunlarla sınırlı olmamak üzere, hiçbir şekilde hiçbir garanti vermemekteyiz. Sağladığımız içeriğin hiçbir kısmı, herhangi bir amaç için özel bir güvene yönelik mali tavsiye, hukuki danışmanlık veya başka herhangi bir tavsiye formunu oluşturmaz. İçeriğimize herhangi bir kullanım veya güven, yalnızca kendi risk ve takdir yetkinizdedir. İçeriğinizi incelemeden önce kendi araştırmanızı yürütmeli, incelemeli, analiz etmeli ve doğrulamalısınız. Ticaret büyük kayıplara yol açabilecek yüksek riskli bir faaliyettir, bu nedenle herhangi bir karar vermeden önce mali danışmanınıza danışın. Sitemizde hiçbir içerik bir teklif veya teklif anlamına gelmez