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Oregon targets Coinbase after SEC drops its federal lawsuit

Coin Telegraph LogoCoin Telegraph1w ago

Oregon targets Coinbase after SEC drops its federal lawsuit - Coin Telegraph

Quick Summary:

Oregon Attorney General Dan Rayfield is planning a lawsuit against crypto exchange Coinbase, alleging the company is selling unregistered securities to residents of the US state, after the United States Securities and Exchange Commission's (SEC) dropped its federal case against the exchange.

According to Coinbase's chief legal officer, Paul Grewal, the lawsuit is an exact "copycat case" of SEC’s 2023 lawsuit against the exchange, which the federal agency agreed to drop in February.

Source: Paul GrewalRelated: Coinbase distances Base from highly criticized memecoin that dumped $15MSeveral US states drop lawsuits against Coinbase following SEC movesThe SEC reversed its stance on cryptocurrencies following the resignation of former chairman Gary Gensler in January.

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Article Details

Author / Journalist: Cointelegraph by Vince Quill

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-18 @ 16:56:48 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 391 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27979782

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 22 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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The story "Oregon targets Coinbase after SEC drops its federal lawsuit" has 391 words across 17 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Oregon targets Coinbase after SEC drops its federal lawsuit" was covered 1 weeks ago by Coin Telegraph, a news publisher based in United States.

How trustworthy is 'Coin Telegraph' news outlet?

Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 22 news stories per day.

It's most recent story was published 7 hours ago.

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  • URL: https://mussorgski.beamstart.com/news/oregon-targets-coinbase-after-sec-17449923053845

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