Coinbase dey find sanctions over SEC wey destroy crypto texts

Coinbase don launch FOIA lawsuit against SEC, dem accuse di regulator say dem dey destroy and hide important text messages wey concern cryptocurrency enforcement decisions. Di Coinbase FOIA lawsuit use OIG report wey talk say SEC lost former Chair Gary Gensler’s messages from October 2022 to September 2023, plus dem no save records from over 20 senior officials. Coinbase talk say dis 'destroy-and-delay' way na violation of federal record-keeping laws and e dey spoil SEC transparency. Di exchange wan make dem quick quick search for data, produce di rest of di communications, find out how much spoliation dey happen and make court put sanctions for SEC. Dis case show say tension dey increase for crypto regulation. Traders for watch make dem see if regulatory oversight and transparency go change, as di outcome fit set example on how digital asset records go dey preserved.