[SEC requests court to provide documents to Coinbase within four months] Mars Finance News, on September 18, the SEC filed a document with the U.S. District Court for the Southern District of New York, requesting a federal judge to approve the commission's four-month extension to complete its investigation of Coinbase. The regulator initially expected to submit the document on October 18. However, Coinbase partially won the motion to force an investigation, resulting in the SEC being asked to provide information about its application of token securities laws.

"The SEC is reviewing at least 133,582 unique documents," the document said. "The request for an extension will provide the SEC with the necessary time to comply with the court's order."