In a recent letter to a district court judge, Coinbase argued that the SEC Chair’s private communications are an “appropriate source of discovery” crucial to mounting a reasonable defense.
Coinbase first requested Gensler produce personal communications in April, arguing it was relevant to its case. This includes any documents concerning crypto beginning from 2017.on July 3, arguing Gensler’s personal communications regarding the regulatory status of digital assets and crypto exchanges during his role as SEC chair is at"the heart of Coinbase’s fair notice defense.”
“Mr. Gensler has purported to share his views and communicate with market participants at times expressly in his personal capacity,” wrote Coinbase, adding that this was “all the more reason” to probe his private messages.