Coinbase Targeted in Oregon Legal Action Over Crypto Sales

Coinbase faces a new lawsuit from the Oregon Attorney General, who alleges that the crypto exchange sold unregistered securities to consumers. This action follows the SEC dropping its own case against Coinbase in February 2025 after concerns regarding their staking service. The Oregon AG claims these high-risk investments resulted in financial losses for consumers and accuses Coinbase of operating without proper state registration, potentially exposing users to fraud and pump-and-dump schemes.