SEC settles Coinbase suit over ‘text messages that disappeared’
The SEC will pay Coinbase $150,000 to resolve a lawsuit over missing internal records, including former Chair Gary Gensler’s deleted text messages.
Quick take
Read original at Cointelegraph The US Securities and Exchange Commission agreed to pay $150,000 in legal fees to settle a Coinbase lawsuit. The settlement ends a two-year lawsuit seeking internal records from the agency, which had deleted nearly a year of former SEC Chair Gary Gensler's texts due to errors. Coinbase chief legal officer Paul Grewal claimed the settlement is a legal victory.
Summarised by netranta from Cointelegraph. Open the original for the full story.
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