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Coinbase Sues U.S. SEC, FDIC Over FOIA Requests
Jun 27, 2024, 12:21 PM
Coinbase has filed lawsuits against the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) over Freedom of Information Act (FOIA) requests. The company alleges that the regulators are deliberately trying to exclude the crypto sector from banking services by withholding requested information.
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Markets
No • 50%
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Court records, public announcements
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Court records, public announcements
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Public announcements by SEC or Coinbase
Stock price changes by less than 10% • 34%
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Stock price increases by more than 10% • 33%
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Coinbase wins both cases • 33%
Coinbase wins one and loses one • 34%
Coinbase loses both cases • 33%
Court records, public announcements
No significant change • 34%
Increased regulations • 33%
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