Coinbase Chief Legal Officer: US SEC Blocks Coinbase's Request to Disclose Gary Gensler's Communication Documents

Golden Finance reports that Coinbase Chief Legal Officer Paulgrewal.eth stated on the X platform that the issues of Chevron and Binance secondary sales have been clarified, but in Coinbase's lawsuit, the U.S. Securities and Exchange Commission (SEC) is preventing Coinbase from requesting the disclosure of Gary Gensler's communication documents. In March 2021, Gary Gensler told the U.S. Congress that the SEC lacked regulatory authority over digital asset exchanges, confirming the long-held view of market participants that digital asset transactions on these exchanges are not subject to securities law jurisdiction. Coinbase has requested Gary Gensler to provide documents related to these communications, as they pertain to revealing how the SEC's enforcement actions violate constitutional due process requirements, but the SEC and Gary Gensler are attempting to block the disclosure of these documents.