A judge is partially granting a motion by Coinbase that would force the U.S. Securities and Exchange Commission (SEC) to produce critical documents.
Last month, Coinbase filed the motion to procure the documents related to its previous communication with crypto issuers because they believe the regulatory body’s enforcement actions have been inconsistent.
The SEC first sued Coinbase in June 2023, alleging that the top US-based crypto exchange violated several securities laws, including selling unregistered securities.
About a year later, Coinbase filed a countersuit, claiming the SEC is attempting to cripple the digital assets industry by operating outside of its jurisdiction.
Earlier this week, Coinbase chief legal officer Paul Grewal noted that the judge in the case both partially granted and denied the crypto exchange’s motion to compel the SEC to produce key documents, citing the regulator’s recent case against…
