SEC Pays $150,000 Settle Coinbase FOIA Suit
- Posted on July 23, 2026
- By Cointelegraph
- 1 Views
- 1 min read
In brief
The U.S. Securities and Exchange Commission has agreed to a $150,000 settlement with cryptocurrency exchange Coinbase to resolve a Freedom of Information Act dispute. The case centered on the SEC's failure to produce critical internal documents and communications, including text messages from former Chair Gary Gensler that were subsequently deleted. This settlement underscores ongoing transparency concerns regarding the regulatory agency's handling of records related to cryptocurrency oversight and enforcement actions.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
SEC Pays $150,000 Settle Coinbase FOIA Suit
The SEC will pay Coinbase $150,000 to resolve a lawsuit over missing internal records, including former Chair Gary Gensler’s deleted text messages.
