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Crypto

Coinbase Secures Major Legal Victory Over SEC and FDIC

Guavy AI Editorial Team
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Coinbase has secured a major legal victory over the US Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corp. (FDIC).

The SEC agreed to settle a Freedom of Information Act lawsuit with Coinbase for $150,000 and improve its record retention policy.

This comes after Coinbase accused the SEC of deleting a year's worth of communications from former chair Gary Gensler at the peak of his campaign against crypto.

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