Coinbase's Legal Battle for Gensler's Emails

A federal judge suggested that accessing SEC Chair Gary Gensler's personal emails may be out of the question in the ongoing legal battle between the SEC and Coinbase. Coinbase's legal team argued for the right to see Gensler's data on personal devices, but the SEC is resisting the subpoena, stating that Gensler's role as SEC Chair does not include factual or legal expertise. The judge remains persuaded by Coinbase's plea but has expressed reservations about the high demands on Gensler's private..

Coinbase seeks SEC Chair Gensler's internal messages on crypto; SEC accused Coinbase of offering unregistered securities and running unregistered exchange; Judge limited Coinbase's demands; Coinbase Chief Legal Office says they seek transparency; SEC argued Gensler's pre-SEC communications irrelevant; Resolution of Coinbase's legal disputes could impact U.S. crypto policy.

Coinbase filed a motion to compel the SEC to produce Gary Gensler's private emails during his SEC chairmanship, documents related to Coinbase's 2021 public offering, and information on SEC staff's conversations with other market participants. Coinbase argues these documents are relevant to its defense against the SEC's June 2023 lawsuit accusing Coinbase of violating securities laws by listing 13 tokens it claims are securities and operating as an unregistered securities broker. The SEC has re..