Oregon revived the lawsuit against Coinbase that killed the Ministry of Justice Trump

The Oregon Prosecutor plans to file a lawsuit against Cryptocurrency Exchang Coinbase. This is according to the company’s legal president, Paul Ghrouwal, who was written in a After x That the state “Reviving the dead “by submitting a case similar to a case that the US Department of Justice brought down during the era of President Trump.

Today, the public prosecutor in Oregon revives the dead by bringing a copy case SecgovGhroul wrote: “An enforcement against Coinbase”, and SEC rejected this issue with bias. This type of political competition is an embarrassing waste of taxpayer dollar in Oregon. “

The case claims that Coinbase sells unregistered securities to the state’s residents, and comes on the same day when one of its employees, Jesse Powell, was fire due to a provocative position, where new symbols that involve an encrypted currency can be used to facilitate sex trafficking. Powell operates the Base, which is an ETHEREUM based Blockchain that allows developers to create encrypted currency codes and relevant applications.

What is happening in @a base?

Before you ask, yes, this is real pic.twitter.com/hyswsncz4

– Jacquelyn Lelinek (Jacqumelinek) April 18, 2025

The comments considered that they undermine the credibility of the industry and have sought for years to move away from allegations that encryption is used primarily for illegal activities, including pumps and discharge plans. Coinbase has designed itself as a good reputation representative in space, on the pretext that the cryptocurrency is here to survive, and organizers must focus less on the application of the law by working and instead create clearer regulations for the industry.

But Coinbase also allowed a wave of symbols to trade on its platform, and the foundation platform faced controversy to enable the new symbols to launch, which increased in the value only to collapse suddenly in the so -called industry language “withdrawal of the rug”. Powell believes that “symbolic” Internet content will allow creators to better improve their content than YouTube and Tiktok. Effectively restore the idea of ​​NFTS by allowing creators to buy and sell speculative codes for its content.

Among other possible regulations, the Securities and Stock Exchange Committee may require “imprisonment”, that is, the symbols they keep in the reserve for a specific period of time, which reduces the sudden market accidents shortly after the issuance of a new code and sees that its price rises in a short time. Sources may also be required to keep insurance for any lawsuit. However, the Ministry of Justice recently indicated that it would stop following the work of the cryptocurrency, and instead its efforts focus on Crime control that facilitates the use of CryptoLike drug trafficking.

Other companies such as Robinhood bent over in the encrypted currency Gambling contracts Based on Blockchain. This company in particular earns more money on the cryptocurrency and trading options more than traditional stocks, and overcoming incentives towards encouraging users to gambling to short -term bets.

Despite the apparently relaxed organizational environment towards encryption in the Trump administration, Coinbase’s shares decreased 31 % this year. Opinion believes that the erasure of the gains made last year is due to the broader economic climate. It turns out that encrypted currencies may not be hedging against traditional financing, as many supporters believe. When the dollars of people do not go further, they will sell their encryption to pay for the basic basics instead.

However, the Trump administration is still more suitable for encryption than ever. It has dropped many lawsuits against companies in this industry, and has established a “bitcoin” reserves that were seized through a criminal application, and recently reduced the provisions of the founders of the founders of the founders, who were accused of enabling criminals to money laundering through the platform without conducting an identity examination. Justin Sun, a controversial founder in this industry, witnessed a civil issue against him by the Securities and Exchange Committee. Decline It was not long ago that $ 75 million in a symbol created by World Liberty Financial for the Trump family.

The cryptocurrency remains one of the lowest productive investments in the technology industry at some point, as much as it has failed to create any meaningful benefit for the average person. Stablecoins offers some promise to enable the fastest online transactions that go beyond the slow banking system and enable more people to coin in the currency associated with the US dollar. But issues about money laundering and crime are still prevailing, and any “interest” products remain Claudji and are difficult to use. New cryptocurrency -based currencies continue to fraud on consumers every day as well. Critics believe that this industry has paid hundreds of millions of dollars in the Trump campaign in an attempt to maintain prices, because cryptocurrencies are still not more than gambling.

Unfortunately for Coinbase, it is clear that reducing regulations at the federal level will not completely eliminate headache unless President Trump moved and tries to take action against states such as Origon through means such as cutting federal funds.