The Oregon Attorney General has requested a federal court to dismiss Coinbase's motion to transfer a securities lawsuit to federal jurisdiction, arguing the case should remain in state court. The lawsuit alleges Coinbase promoted unregistered crypto securities to Oregon residents, earning millions in fees. The dispute centers on Oregon's Pratt test, which is broader than the federal Howey test, potentially classifying crypto assets as securities at the state level even if they don't meet federal criteria. Legal experts warn that a state court ruling could lead to increased state-level enforcement against crypto firms.