The lawsuit between Coinbase and the US Securities and Exchange Commission (SEC) continues. Coinbase is asking for information on numerous internal and external SEC communications.
Coinbase also seeks these documents to understand how the SEC regulates digital assets through the specific case. The SEC has opposed the request, saying it is general and irrelevant to the case.
SEC Challenges Coinbase’s Extensive Document Request
On August 5, the SEC filed a motion to strike Coinbase’s document request, which it termed overbroad and irrelevant. The SEC claimed that Coinbase’s request for nearly three million documents was excessive. The commission has already submitted more than 240 thousand documents and is now checking 117 thousand more.
Also, the SEC argues that these additional documents are unrelated to the critical issues of the case. The agency has contended that the requested records are irrelevant to the Howey test or the defense of fair notice. The SEC focuses
We współpracy z: https://www.thecoinrepublic.com/2024/08/06/coinbase-vs-sec-continues-over-crypto-asset-documents/
