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Coinbase Demands Court Action After SEC Erased Gensler Texts
Coinbase has asked a federal court to order an expedited search of deleted text messages from former SEC Chair Gary Gensler, after the Office of Inspector General (OIG) confirmed that the agency erased nearly a year of his communications. The filing, made Thursday, comes amid Coinbase’s ongoing legal battle with the SEC, which sued the exchange in June 2023 for allegedly operating as an unregistered securities broker and exchange.Coinbase Chief Legal Officer Paul Grewal said the erasures amounted to a “gross violation of public trust,” emphasizing that FOIA (Freedom of Information Act) rules require federal ... (full story)
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