# Oregon AG Sues Coinbase After SEC Drops Case

*Author: Bankless*
*Published: Apr 18, 2025*
*Source: https://www.bankless.com/fr/read/oregon-ag-sues-coinbase-after-sec-drops-case*

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Oregon’s Attorney General picks up where the SEC left off, suing Coinbase for alleged securities violations months after federal charges were dropped. 

## **What’s the Scoop?**
- **State-Level Action**: Oregon Attorney General Dan Rayfield filed a securities enforcement lawsuit against Coinbase, accusing it of operating as an unregistered broker and exchange.
- **Echoing Federal Charges**: The lawsuit mirrors previously dropped SEC charges, which alleged Coinbase’s staking program wasn’t properly registered.
- **Focus Shifting to States**: With the SEC softening its stance recently, state officials are stepping in to address crypto regulation gaps.
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