Coinbase Vs. SEC: Battle Over Gensler’s Communications Escalates
Summary
Coinbase's Chief Legal Officer, Paul Grewal, has criticized the SEC's attempt to block the discovery of communications from SEC Chair Gary Gensler in their legal battle. Coinbase argues that Gensler's communications are crucial to understanding the regulatory framework for digital assets and its fair notice defense. They emphasize the relevance of Gensler's private communications in shedding light on his personal interpretations and advice regarding digital assets. Coinbase asserts that the SEC's refusal to confirm the existence of such documents heightens the need for their disclosure. COIN traded at $224.94 at press time.
