The Securities and Exchange Commission (SEC) and Coinbase have clashed over discovery in a lawsuit brought by the US regulator.
Let’s recall that the SEC filed charges against Coinbase in June 2023. The regulator accused Coinbase of operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency.
The SEC also charged Coinbase for failing to register the offer and sale of its crypto asset staking-as-a-service program.
In a letter filed with the New York Southern District Court on November 19, 2024, the SEC accuses Coinbase of hindering the discovery process.
Coinbase seeks to prevent the…
Read More
