Coinbase CLO says SEC and Chair Gary Gensler seek to prevent reveal of key documents

Coinbase Chief Legal Officer Paul Grewal said Chair Gensler and SEC seek to prevent key documents from coming to light. Grewal said the exchange has asked SEC Chair to produce documents concerning communication on regulation of crypto exchanges. Coinbase’s legal battle with SEC persists, the exchange is taking US regulators to court through an intermediary.

The second is focused on Enigma MPC, a blockchain firm that sold $45 million in ENG tokens, the SEC marked these tokens as unregistered securities. Grewal said in a post on X that the exchange has asked the agency for documents on the closed investigations to reveal the SEC’s views. Grewal notes that one of the investigations shows the SEC publicly announcing that Ether is not a security in 2018 and the other investigation has been closed for years.

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