CoinDesk·3 min read·medium
The SEC settles with Coinbase over its missing Gary Gensler texts
O
Olivier Acuna
✦AI Summary
The SEC has reached a settlement with Coinbase to conclude a lawsuit regarding the agency's failure to produce records, including deleted text messages from former Chair Gary Gensler. The agreement requires the SEC to provide remaining documents and cover legal fees, ending a two-year transparency battle.
History Associates Inc. and the SEC asked the U.S. District Court for the District of Columbia to dismiss the case after reaching a settlement deal. Under the agreement, the agency will produce the remaining responsive documents and pay the flat fee to cover the plaintiff's legal fees.
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