Judge ‘Surprised’ by Coinbase Subpoena Request Targeting SEC Chair Gensler—But ‘Not in a Good Way’

Quick Summary:

As the crypto exchange fights an SEC lawsuit, the federal regulator says Coinbase’s demands are an overreach.

The SEC claimed in a lawsuit last year that Coinbase failed to register as an exchange, clearing house, and broker—all while providing those services to investors.

In response to the SEC’s filing, Coinbase had argued that the subpoenas are relevant, and that notion is easily supported by the company’s so-called fair notice defense.

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Article Details

Author / Journalist: André Beganski

Category: Crypto

Markets: Estonia

Topics: Securities and Exchange Commission Coinbase Gary gensler SEC Law and Order

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-11 @ 19:53:21 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 630 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 21577969

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Year Established: 2018

Headquarters: Estonia

News Last Updated: 1 days ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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