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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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From decrypt.co | Sep 12, 2025
Coinbase has accused the U.S. Securities and Exchange Commission of “destroying” former Chair Gary Gensler’s text messages, with industry observers calling it a “credibility crisis” that could weaken the regulator’s position in future enforcement actions. "The Gensler SEC destroyed documents they were required to preserve and produce,” Coinbase Chief Legal ...
From cnbc.com | Sep 12, 2025
Shares of Gemini Space Station soared more than 40% on Thursday after the exchange operator raised $425 million in an initial public offering. The stock opened at $37.01 on the Nasdaq after its IPO priced at $28. At one point, shares traded as high as $40.71. The New York-based company priced its IPO late Thursday above this week’s expected range of $24 to ...
On today’s episode of CNBC Crypto World, shares of Gemini soar after the exchange operator raised $425 million in an initial public offering. Plus, Tether launches a new token for institutions in the United States. And, Roger Bayston, head of digital assets at Franklin Templeton, breaks down a new partnership between the investment giant and Binance.
