"Lacking reasonable alternatives, History Associates intends to move for partial summary judgment on the SEC-generated documents," the company said in a notice filed on Monday with the court, detailing that plan to ask for a court ruling.
"Over a year ago we made FOIA requests aimed at files on ETH 2.0 and other mysteries," Coinbase Chief Legal Officer Paul Grewal said in a posting on X, arguing that the internal agency communications "belong to all of us," not the SEC.
An intermediary for the biggest U.S. crypto exchange, Coinbase Inc. (COIN), is cranking up its legal fight over the Securities and Exchange Commission's unwillingness to produce documents revealing the regulator's internal thinking on whether to pursue Ethereum's ether (ETH) and other tokens as illegal securities.
The federal court could decide whether the company (and the public) get to see what the SEC officials said in private discussions as they tried to figure out whether digital assets like ETH should be counted as securities.
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