Coins provides multiple SEC Documents on Etherum 2.0 investigation

Coins received internal documents from American securities and execution of the Commission for Exchange Agency in Etherum 2.0, after the Landing Act on Freedom of Information.

Paul Graval, Chief Legal Officer Coinbase, announced On K that SEC has published a list of retained documents.

These documents include internal analysis of May 2022. under the Hovei test, and February 2023. Year questionable e-mail Etherum’s (El) Classification as security and memorandum in April 2023. He prepared for trusted trusted Eth 2.0 investigation approval. The case of closing the investigation objects are also listed.

At first SEC rejected COINBASE FIA requirements, stating the exemption of 7 (a), which refers to the current execution procedure.

However, after closing the investigation Etherum 2.0 without charges, the DC admitted that the exemption “can” be more applied. Nevertheless, the Agency proposed a three-year time line to review over 132,000 documents for other potential exemptions.

Graval criticized SEC’s inconsistent treatment of cryptian property, questioning why Etherum passed the internal test of “ecosystems” agencies, while others did not. He emphasized the need for transparency to prevent the repetition of regulatory errors.

Coinbase vs.

This legal action is part of Coinbase wider effort To challenge what perceives as a regulatory flip and lack of clarity in the crypto industry.

Exchange has also submitted lawsuits Against the sector and the Federal Corporation for Insurance of Deposit against the Current Law on Freedom of Information on the past investigations and actions within the CRIPTO Sector.