Coinbase has submitted FOIA request against the US Securities and Stock Exchange Committee (SEC), and rides on levels of rejection of its case against the securities regulator. A quick look at the document reveals that the US -based encryption is looking for a set of information about SEC expenses in the encryption war.
Coinbase wants to completely disclose SEC in its enforcement procedures
US -based Crypto Coinbase is looking for information about SEC spending in its war against the main entities in Cryptoverse. Coinbase has foot The FTA law against the securities regulator to obtain information about financial dealing with encryption claims.
According to the document, the Stock Exchange seeks to obtain information between April 2021 and January 2025 to spend the committee. Coinbase’s request for total annual expenditures for digital assets and its enforcement procedures against industry.
Coinbase is also looking for information about the number of full -time employees in SEC and their compensation packages. Moreover, FOIA wants similar information about third -party contractors including their working hours and compensation packages.
An anxiety is particularly concerned with the assets of encryption and electronic unit with the Coinbase file that requires the annual budget of the unit and compensation for its employees. Many cases that the unit started with the latest dismissal of the Kraken issue with bias.
Coinbase said in a statement: “The former SEC has spent four years to attack a legal industry, and leave American taxpayers carrying the bill,” Coinbase said in a statement. “How much is it over? We intend to know that.”
Many high -level encrypted lawsuits will file a draft law
After submitting the FOIA request, Cryptoverse wipes the horizon to launch numbers by the Supreme Education Council. SEC has nine possible defenses in the form of exceptions to the Law of Information Freedom, such as the internal rules of employees, among other things.
The numbers can be issued to millions of dollars, highlighted by a series of prominent encryption claims. During the period under review, SEC COINBASE, Ripple Labs, Gemini and Binance took place to the court due to violations of the alleged capital market bases.
The dismissal of the SEC case against Coinbase has led to a wave of similar procedures for infected entities. Displacing operations are contrary to the increasing procedures for enforcement by the agency led by Gary Ginsner.
SEC Hester Pierce Commissioner has criticized the organization by previously published enforcement by SEC while welcoming its new approach to thinking forward.
Alio Bokima
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
partner: