Coinbase CLO Accuses SEC Of Continued Stonewalling, As Legal Battle Intensifies

Summary

Coinbase's CLO accuses the SEC of obstructing their legal efforts and failing to provide clear regulatory guidelines. The company demands key documents from SEC Chairman Gensler, citing his previous statements on digital asset transactions. This reflects broader frustration in the crypto community with unpredictable regulation. The SEC claims Coinbase acted as an illegal securities exchange, sparking a significant legal battle with potential implications for crypto regulations in the US.