Coinbase Accuses U.S. SEC, FDIC of Improperly Blocking Document Requests
Summary
Coinbase's contracted research firm is suing the SEC and FDIC for not providing documents under open-records laws related to cryptocurrencies. Coinbase seeks communications on SEC's views of digital assets, including Ethereum. The exchange also wants documents on previously settled digital assets cases. The SEC denied requests under FOIA's "exemption 7A." History Associates' suit against FDIC claims letters to pause digital assets business pressure financial institutions. Coinbase is in legal clashes with U.S. financial regulators, including a fight with the SEC over operating an illegal exchange. Coinbase previously funded lawsuits against U.S. government entities.
