Per the Office of the Maryland Attorney General: Maryland Attorney General Anthony G. Brown’s Securities Division today 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.”

The Securities Division is alleging that Coinbase is selling securities that do not comply with the Securities Act. Investors who purchase securities may not receive protections when offers fail to comply with Maryland’s requirements, such as full disclosure of the information about the risks associated with the prospective investment and important information about the company, its operations, financial status, and the background and experience of its principals and key personnel.

“With black voter turnout down in the 2022 midterms and 64.1% of black Americans registered to vote compared to 70.9% of white Americans”, WalletHub today released its report on the Best States for Racial Equality in Civic Engagement, with Maryland being ranked “3rd Best State for Civic Racial Equality.”

In order to determine which states have the most racial equality in civic engagement, WalletHub compared 48 states and the District of Columbia across five key metrics. Our data set compares the difference between white and black Americans in areas like the share of single-parent households, the volunteer rate and voter turnout. Below, you can see highlights from the report.