[Coinbase Chief Legal Officer: US SEC blocks Coinbase from requesting disclosure of Gary Gensler communication documents] Golden Finance reported that Paulgrewal.eth, Chief Legal Officer of Coinbase, posted on the X platform that the issues of Chevron and Binance's secondary sales have been clarified, but in Coinbase's lawsuit, the US Securities and Exchange Commission (SEC) blocked Coinbase from requesting disclosure of Gary Gensler's communication documents. In March 2021, Gary Gensler told the US Congress that the SEC lacked regulatory authority over digital asset exchanges, confirming the long-held view of market participants that digital asset transactions traded on these exchanges are not subject to the jurisdiction of securities laws. Coinbase has asked Gary Gensler to provide documents about these communications because they are related to revealing how the SEC's enforcement actions violate the constitutional due process requirements, but the SEC and Gary Gensler have tried to prevent these documents from being exposed.
