SEC Seeks To Quash Coinbase Subpoena For Internal Crypto Communications

The U.S. Securities and Exchange Commission (SEC) has petitioned a federal district court in Manhattan to quash a subpoena from Coinbase that seeks documents related to crypto markets and the personal communications of the agency’s chair. Jorge Tenreiro, the deputy chief of crypto assets in the SEC’s division of enforcement, represents the SEC in this dispute against the defendants, Coinbase Inc. and Coinbase Global Inc. Tenreiro argued in the letter motion, “Were this not the law, the private emails of all professors or others with experience purportedly related to their public duties thereafter would be subject to endless, intrusive discovery.” Full details of this ongoing legal development can be found in the original article.