The US Securities and Exchange Commission has agreed to pay Coinbase $150,000 in legal fees to resolve a two-year Freedom of Information Act lawsuit, closing a contentious chapter that expose
The US Securities and Exchange Commission has agreed to pay Coinbase $150,000 in legal fees to resolve a two-year Freedom of Information Act lawsuit, closing a contentious chapter that exposed how the agency deleted nearly a full year of former Chair Gary Gensler’s text messages.
A filing made on Wednesday confirmed the agreement, ending Coinbase’s legal push to obtain internal SEC records at the height of the Biden-era crackdown on crypto. The exchange filed the original suit seeking documents it argued would prove the regulator’s approach amounted to ‘crypto by enforcement’ rather than transparent rulemaking.
