Oregon Attorney General Designates 31 Crypto Assets as Unregistered Securities in Lawsuit Against Coinbase

Odaily News According to the indictment and reporter Eleanor Terrett, the Oregon Attorney General sued Coinbase, accusing it of violating state securities laws and illegally offering and selling assets identified as "crypto-securities" to Oregon residents, totaling 31 tokens, far exceeding the number mentioned in previous SEC cases, including AAVE, UNI, LINK, MKR, FLOW, XRP, etc. The document stated that Coinbase has long evaded regulatory obligations and assisted in the sale of unregistered securities. The current lawsuit is based on state law rather than federal law, representing a new trend of pressure on crypto platforms at the state level.