The Cryptocurrency Exchange Coinbase has filed for prohibitory relief at the US State of Oregon, which claims that its authorities “flipped flip-flops on digital assets behind closed doors.”
In a case filed in the Marion County Circuit Court on Thursday, the Coinbase case named Oregon Governor Tina Kotake in her official capacity. Alleged complaint Challenge How the state government handled the requests for documents related to digital asset enforcement operations.
According to the coinbase, before April 2025, state officials did not consider large -scale digital assets to be regulated as securities. However, Oregon’s Attorney General’s office then filed a case against the coinbase, alleging that the exchange offered more than 30 tokens as unregistered securities.
“Oregon village (Tina Kotek), (Attorney General Dan Refield) and other state officials flopped on digital assets behind closed doors, without hearing or agency rules and public comments,” Said Paul Grewal, Chief Legal Officer of the Coinbase, in Friday X Post. “And now they deny public records that show this. We are taking them to court to correct this wrong.”
The complaint allegedly violated the state’s public record laws after requests from the coinbase, which reportedly consisted of over 80,000 emails that could take more than a year in production. It is not clear that the public record trial may have any effect on the state’s crypto policies.
Connected: CZ shared rumors of connecting the coinbase to Bloomberg’s Trump Stabecoin report
The state level suit comes amidst push for the federal crypto law
The coinbase has earned some reputation in the industry for requests of the Independence of Information Act with the US government about the crypto policies in the Securities and Exchange Commission (SEC). The exchange has made similar requests on the claim with the Federal Deposit Insurance Corporation (FDIC) on the claim that the US government has ordered to debank special companies associated with digital assets.
https://www.youtube.com/watch?v= NNDNryf5nlkw
The advocacy organization tied to the coinbase is standing with Crypto, also emphasizing for American MPs to pass three crypto bills in the coming weeks. Laws related to Central Bank digital currencies, payment stabilcoins and market structure, can affect how the exchange does business in America.
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