Oregon files ‘copicat’ lawsuit against coinbase, zrcalin

The Oregon Lawyer filed a lawsuit against coinbase that resonates the lawsuit of SEC from 2023. years.

The lawsuit, just like Previously SEC, states that the Criptocurrenci Stock Exchange operated as a unregistered paperplate and offered to put on without proper registration, toward to the coin.

This action at the state level comes soon after American securities and exchange office rejected its federal lawsuit against coinbase in February 2025. Years.

SEC case, launched in June 2023. years, accused Coins Facilitating trading at least 13 crypto tokens are considered unregistered securities and management of unregistered stage program.

Dismissal marked The shift of the federal regulatory approach within the Trump administration, which expressed intentions to develop a more transparent and collaborative framework for digital property.

“Copicat” lawsuit

COINBASE MAIN LEGAL CLAITER, PAUL GREVAL, criticized Oregon’s lawsuit as “Copycat” from the previous action of SEC, claiming that recycles the arguments of the Federal Agency had already left.

Graval emphasized that such actions at the state level could interfere with current bipartitis efforts in Congress to establish comprehensive federal legislation for digital assets.

Lyrics Previously dismissal Its case against Kointbase was part of the wider re-implementation of its burgent strategies concerning the Krivocurrency.

The Actions of SEC Mark UIeda announced the formation of crypto base work forces aimed at developing clear regulatory guidelines, moving out of the previous administration approach as a whole.

Despite the federal shift, Oregon’s lawsuit underlines the complexity of crypto arrangement in the United States, where State and federal jurisdictions may vary. Coinbase promised to dispute the lawsuit strongly, maintaining her business in line with existing laws and that most digital funds should not be classified as securities.