{"id":132247,"date":"2024-06-27T15:54:09","date_gmt":"2024-06-27T12:54:09","guid":{"rendered":"https:\/\/cryptodnes.bg\/eng\/?p=132247"},"modified":"2024-06-28T15:48:35","modified_gmt":"2024-06-28T12:48:35","slug":"breaking-coinbase-sues-sec-and-fdic","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/breaking-coinbase-sues-sec-and-fdic\/","title":{"rendered":"BREAKING: Coinbase sues SEC and FDIC"},"content":{"rendered":"

The lawsuits<\/strong><\/b><\/a>, filed in the U.S. District Court for the District of Columbia, seek to compel these agencies to provide the requested information.<\/p>\n

Charges against regulators<\/b><\/h3>\n

Coinbase claims that federal financial regulators are undermining the crypto industry. The company claims that agencies like the SEC and FDIC have used their powers to cripple the digital asset sector. The complaint against the FDIC alleges that the agency was part of an illegal scheme to undermine the industry.<\/p>\n

Details of the FOIA requests<\/b><\/h3>\n

Coinbase has sought information from the SEC regarding its position on Etherium\u2019<\/strong><\/b><\/a>s transition to a consensual proof-of-stake (PoS) mechanism and past investigations involving Zachary Coburn and Enigma MPC, which settled with the SEC years ago. The Commission denied those requests, citing potential harm to ongoing enforcement actions.<\/p>