{"id":133927,"date":"2024-07-24T17:00:57","date_gmt":"2024-07-24T14:00:57","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133927"},"modified":"2024-07-24T14:09:57","modified_gmt":"2024-07-24T11:09:57","slug":"coinbase-seeks-court-order-for-sec-documents-amid-ongoing-lawsuit","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/coinbase-seeks-court-order-for-sec-documents-amid-ongoing-lawsuit\/","title":{"rendered":"Coinbase Seeks Court Order for SEC Documents Amid Ongoing Lawsuit"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/assets.ctfassets.net\/sygt3q11s4a9\/0q4JFjf9Bz7ZAZ5HLIqkY\/b9a0c1eafee580867ce652aeee3db9af\/CoinbaseMotionToCompel.pdf\" target=\"_blank\">request<\/a><\/strong> includes records about the SEC\u2019s review of Coinbase\u2019s public offering and statements from SEC Chair Gary Gensler.<\/p>\n<p>Coinbase&#8217;s legal chief, Paul Grewal, <strong><a href=\"https:\/\/x.com\/iampaulgrewal\/status\/1815855349779542333?ref_src=twsrc%5Etfw\" target=\"_blank\">argues<\/a><\/strong> that these documents are vital for defending against the SEC\u2019s claims and for understanding the regulator&#8217;s stance on cryptocurrency regulations.<\/p>\n<p>The SEC has met with industry stakeholders and made public statements before filing the lawsuit, and Coinbase believes these records are crucial.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/scammers-exploit-fake-zoom-links-to-steal-cryptocurrency\/\" title=\"Scammers Exploit Fake Zoom Links to Steal Cryptocurrency\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/hacked-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Scammers Exploit Fake Zoom Links to Steal Cryptocurrency<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The SEC has refused to produce these documents, citing concerns over relevance and the burden of the request. Coinbase is asking the court to mandate a preliminary search and logging of relevant materials.<\/p>\n<p>Despite the legal tussle, Coinbase\u2019s stock has surged by 112% in the past six months and 64% year-to-date. Recent positive court rulings have boosted investor confidence.<\/p>\n<p>Additionally, the SEC recently closed its investigation into Ethereum 2.0 and approved several spot Ethereum ETFs, including Grayscale\u2019s Ethereum Trust conversion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase is pushing for a court order to compel the SEC to release crucial documents related to its litigation against the crypto exchange.<\/p>\n","protected":false},"author":3,"featured_media":50655,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-133927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coinbase Seeks Court 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