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Oregon’s Attorney General has filed a lawsuit against Coinbase, accusing the crypto exchange of selling unvetted high-risk investments to residents. The state claims Coinbase failed to protect consumers, leading to financial losses.
- Oregon AG alleges Coinbase sold unvetted high-risk crypto investments, leading to consumer losses.
- The lawsuit cites Internet Computer (ICP), which lost 99% of its value after being listed on Coinbase.
- Coinbase denies the claims, calling the lawsuit a 'copycat' and wasteful use of taxpayer funds.
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