
Coinbase has filed a Freedom of Information Act (FOIA) request aimed at uncovering the U.S. Securities and Exchange Commission's (SEC) expenditures related to its enforcement actions against cryptocurrency firms. This request specifically seeks details on the financial resources allocated during the tenure of former SEC Chair Gary Gensler. The move comes amid ongoing investigations by the SEC into several prominent cryptocurrency entities, including Coinbase, UniSwap, OpenSea, Robinhood, Gemini, Kraken, and Yuga Labs. Coinbase's action underscores its demand for transparency regarding taxpayer money spent on what it describes as Gensler's anti-crypto initiatives, including investigations, lawsuits, and enforcement activities.
⚡️ JUST IN: Coinbase submits FOIA request to reveal SEC’s crypto enforcement expenses, investigations, and resource allocation https://t.co/Xcmf1be40l
[𝕏] Coinbase Files FOIA Request to Uncover SEC’s Crypto Enforcement Costs, Investigations, and Workforce Allocation $COIN https://t.co/DiAH2b61K6
🚨🇺🇸 COINBASE DEMANDS SEC’S CRYPTO CRACKDOWN RECEIPTS Coinbase just hit the SEC with a FOIA request, asking exactly how much taxpayer money was burned on Gensler’s anti-crypto crusade. They want the full breakdown—every dollar spent on investigations, lawsuits, and enforcement… https://t.co/fpZt9PWCDf https://t.co/cjOMRqlYEF









