The move comes following the exchange’s attempts to retrieve information through the FOIA regarding three SEC investigations into crypto firms and entrepreneurs between 2018 and 2024.
Coinbase is launching a new legal offensive against the Securities and Exchange Commission and the Federal Deposit Insurance Corporation to procure documents relating to the agencies’ approaches to crypto regulation, FOX Business has learned. According to the lawsuits filed Thursday in a Washington, D.C., district court, the U.S.
The move comes following the exchange’s attempts to retrieve information through the Freedom of Information Act regarding three SEC investigations into crypto firms and entrepreneurs between 2018 and 2024, including its recently closed probe into the Ethereum blockchain network.
Coinbase references the so-called "Operation Chokepoint 2.0," a colloquial term used by crypto industry participants to refer to what they see as a concerted effort by financial regulators to make it hard or, in some cases, outright deny crypto firms access to banking services they need to exist in the U.S. economy. The "2.
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