PANews reported on April 22 that according to legal documents compiled by @EleanorTerrett, the Oregon Attorney General has sued Coinbase, alleging violations of state securities laws by illegally offering and selling assets deemed "crypto securities" to Oregon residents. The lawsuit covers a total of 31 tokens, far exceeding the number mentioned in previous SEC cases, including AAVE, UNI, LINK, MKR, FLOW, XRP, and others. The documents claim that Coinbase has long avoided regulatory obligations and assisted in selling unregistered securities. The current litigation is based on state law rather than federal law, representing a new trend of state-level pressure on crypto platforms.
Oregon Attorney General Designates 31 Crypto Assets as Unregistered Securities in Lawsuit Against Coinbase
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