Coinbase CLO says SEC and Chair Gary Gensler seek to prevent reveal of key documents

Coinbase Chief Legal Officer Paul Grewal said Chair Gensler and SEC seek to prevent key documents from coming to light. Grewal said the exchange has asked SEC Chair to produce documents concerning communication on regulation of crypto exchanges. Coinbase’s legal battle with SEC persists, the exchange is taking US regulators to court through an intermediary.

The second is focused on Enigma MPC, a blockchain firm that sold $45 million in ENG tokens, the SEC marked these tokens as unregistered securities. Grewal said in a post on X that the exchange has asked the agency for documents on the closed investigations to reveal the SEC’s views. Grewal notes that one of the investigations shows the SEC publicly announcing that Ether is not a security in 2018 and the other investigation has been closed for years.

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ripple CLO Calls Out SEC's Rule Violation, Court AgreesRipple's chief legal officer highlighted court ruling against SEC for unlawfully rescinding rule
Source: Utoday_en - 🏆 295. / 63 Read more »

XRP stuck below $0.50 as Ripple CLO says SEC has abandoned demand for $2 billion fineXRP struggles to make a comeback above sticky resistance at $0.50 on Monday as traders continue to assess the legal skirmishes between blockchain firm Ripple and the US Securities and Exchange Commission (SEC).
Source: FXStreetNews - 🏆 14. / 72 Read more »

Coinbase sues SEC, FDIC over FOIA requests, says federal regulators trying to cut out cryptoCoinbase filed lawsuits against the SEC and FDIC for not complying with FOIA, and has asked a court to force those agencies to comply.
Source: TheBlock__ - 🏆 464. / 53 Read more »