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US SEC settles FOIA lawsuit with Coinbase over lost messages, WSJ op-ed says
Coinbase has settled a Freedom of Information Act lawsuit against the U.S. Securities and Exchange Commission over records it sought from the agency, the cryptocurrency exchange's chief legal officer, Paul Grewal, said in a Wall Street Journal op-ed on Wednesday. Grewal said the agency, which polices corporate record-keeping, had lost text messages between former Chair Gary Gensler and other officials after a process the SEC said "automatically wiped" certain data. As part of the settlement, the SEC will pay $150,000 and fix its record-retention policies, he wrote. SEC did not immediately respond to a ... (full story)
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