Coinbase Wins FOIA Case as SEC Agrees to Pay $150K and Reform Recordkeeping

The post Coinbase Wins FOIA Case as SEC Agrees to Pay $150K and Reform Recordkeeping appeared first on Coinpedia Fintech News

The U.S. Securities and Exchange Commission (SEC) has agreed to pay Coinbase $150,000 after settling a Freedom of Information Act (FOIA) lawsuit that exposed missing internal records from the agency. The court also forced the SEC to change how it saves official messages after important texts from former SEC Chair Gary Gensler were found missing. …