SEC settles Coinbase suit over ‘text messages that disappeared’
CoinTelegraph·
60-second summary
The SEC is settling a lawsuit with Coinbase over allegedly lost text messages that disappeared, a watchdog report last year blamed "avoidable errors" for the loss of nearly a year's worth of messages, including those from Chairman Gary Gensler, potentially compromising investigations and cases, raising concerns about transparency and accountability in financial regulatory communications.
The settlement follows a watchdog report last year that blamed “avoidable errors” for the loss of nearly a year’s worth of Gary Gensler’s text messages.