Summary
- Coinbase strongly criticized the state of Oregon's securities law violation lawsuit as an anachronistic action.
- Coinbase expressed concern that Oregon's lawsuit would throw cold water on virtual asset legislative discussions.
- The company claimed that Oregon's actions are baseless and vowed to take the best measures.
Amidst the announcement that the state of Oregon plans to sue Coinbase for alleged securities law violations, Coinbase has released a statement criticizing the move.
On the 18th (local time), Coinbase stated on its official website, "The war on virtual assets (cryptocurrency) led by the U.S. Securities and Exchange Commission (SEC) is over," but also criticized, "The Attorney General of Oregon is ignoring reality and trying to start the war again."
They continued, "Oregon's actions will throw cold water on the ongoing virtual asset legislative discussions being pursued by the Trump administration. It's an anachronistic action," and added, "Oregon's lawsuit is baseless, and we will take the best measures to counter it."
Son Min
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