Coinbase Sued by Oregon AG Over Unregistered Securities Sales

The lawsuit highlights the Oregon Attorney General’s concern over Coinbase’s compliance with state regulations, particularly regarding unregistered securities sales and inadequate consumer protection measures. The complaint argues that Coinbase neglected proper risk assessment and failed to implement necessary screening systems, potentially exposing users to significant financial risks. The legal team from Oregon cites these failures as evidence of Coinbase’s violation of state laws.