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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.
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Apr 18, 2025 • 1 min read

Oregon’s Attorney General picks up where the SEC left off, suing 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.

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