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Parsa🎩
@parsampro
Coinbase subpoenas US Securities and Exchange Commission (SEC) chief 13 JULY 2024 🔺 The strange pressure and controversy of the Coinbase exchange to the SEC: This pressure first started in April when the exchange requested documents from the SEC. Later, Coinbase expanded the request to cover Gensler's personal communications during his tenure as SEC chairman and the four years before that. The SEC quickly objected to the request, describing it as an "inappropriate intrusion" into Gensler's personal life. They argued that any relevant documents should be sought from the agency itself, not from individual employees. The SEC's senior attorney, Jorge Tenrero, argued that Gensler's connections before he was appointed chairman were irrelevant to the case. But Kevin Schwartz, a lawyer for Kevin Biss, said that Gensler's communications, especially those before his presidency, were completely relevant to the case.
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Momohi🎩
@momohi
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