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

In case you think I’m jumping to conclusions, the AG’s office made it clear to us that they are literally picking up where the Gary Gensler SEC left off. Seriously. 2/4

This is exactly the opposite of what Americans should be focused on right now. We’ve never been closer to bipartisan legislation for digital assets and this backward lawsuit does nothing to protect consumers or solidify American leadership. 3/4

We remain confident that we are right on the facts and the law, and we are prepared to fight this misguided lawsuit. In the meantime, we’re business as usual in Oregon. You can read more here. 4/4 www.coinbase.com/blog/oregon-i...