Coinbase Targeted in Oregon Lawsuit Amidst SEC Policy Shift

A new lawsuit against Coinbase, a prominent cryptocurrency exchange, has emerged in Oregon as the Securities and Exchange Commission (SEC) adopts a more lenient approach to crypto regulation. This development highlights the evolving regulatory landscape impacting exchanges like Coinbase, potentially influencing U.S. crypto trading activities. ⚖️ 📈 Oregon Attorney General Dan Rayfield alleges that Coinbase sold high-risk investments without proper vetting in Oregon, resulting in financial losses for consumers. He believes Coinbase should be held accountable and take steps to protect customers.