By North Baltimore Journal Report |
Jun 7, 2023
Maryland Attorney General Anthony G. Brown’s
Securities Division on June 06, announced that it has filed an action against Coinbase Global, Inc. and
Coinbase, Inc. (collectively, “Coinbase”), ordering them to cease and desist violating Maryland
law in connection with Coinbase’s crypto asset staking offerings. The Securities Division alleges
that Coinbase offered and sold unregistered securities in a form that Coinbase calls “staking
rewards.”