
Coinbase has filed a motion in a Washington D.C. court seeking a partial summary judgment in its ongoing FOIA case against the U.S. Securities and Exchange Commission (SEC). The lawsuit aims to compel the SEC to release internal documents that could reveal how the agency classifies crypto tokens as securities. Coinbase alleges that the SEC has been delaying the release of these documents and has now requested a three-year review period. The case centers around a Freedom of Information Act (FOIA) request filed by Coinbase, which the SEC has not yet fulfilled. Coinbase's legal team argues that the SEC's stalling tactics are unjustified and seeks a court order to expedite the process. The documents are expected to shed light on the SEC's crypto enforcement strategies.

