SEC Asks NY Court to Deny Coinbase’s ‘Breathtakingly Broad’ Subpoena Request

Lawyers for the U.S. Securities and Exchange Commission (SEC) are pushing back against what they describe as Coinbase’s “breathtakingly broad” subpoena requests searching for “essentially all documents that in any way relate to crypto.” The court documents, filed Monday, are the latest jab in the ongoing fight between the SEC and Coinbase over the crypto exchange’s attempt to subpoena the agency and its employees. The SEC filed civil charges against Coinbase last year, accusing the crypto exchange of operating as an unregistered securities exchange, broker and clearing agency.

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