The post SEC and Coinbase File Motion to Seal Documents in Securities Case appeared first on Coinpedia Fintech News
The SEC and Coinbase have filed a joint motion in New York to protect confidential information in their securities lawsuit. They argue that disclosing financial operations, compliance measures, or strategic plans could potentially harm their business and benefit competitors. The case involves allegations by the SEC that Coinbase operated as an unregistered broker and exchange. Judge Katherine Polk Failla is currently responsible for deciding the motion to seal the documents.
