Coinbase obtains additional SEC records related to Ethereum 2.0 regulatory probe
The cryptocurrency exchange has acquired further documentation from the Securities and Exchange Commission regarding its ongoing investigation into Ethereum’s network upgrade, signaling continued regulatory scrutiny of blockchain protocol changes.
Coinbase vs. SEC
This legal action is part of Coinbase’s broader effort to challenge what it perceives as regulatory overreach and lack of clarity in the crypto industry.
The exchange has also filed lawsuits against the SEC and the Federal Deposit Insurance Corporation over denied Freedom of Information Act requests related to past investigations and actions within the crypto sector.