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Oregon has filed a lawsuit against Coinbase for allegedly offering 31 unregistered securities. The exchange’s Chief Legal Officer, Paul Grewal, claims the legal battle against crypto is over. The case seeks penalties, including a $20,000 fine per violation.
- Oregon alleges Coinbase sold 31 unregistered securities, including AAVE, ADA, and XRP, seeking $20,000 fines per violation.
- Coinbase's CLO, Paul Grewal, argues the lawsuit ignores key court rulings and is driven by private law firms.
- The case follows SEC's dropped lawsuits against Coinbase and binance/?utm_source=CVJ.Ai&utm_medium=glossary&utm_id=CVJ.AI" target="_blank">Binance, with Coinbase now demanding FOIA transparency.
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