The US Securities and Exchange Commission (SEC) has asked for a court extension to complete fact discovery in the lawsuit against Coinbase, seeking a four-month delay. The SEC made the request to Judge Katherine Polk Failla, also looking to amend the Civil Case Management Plan and scheduling order. Despite producing hundreds of thousands of documents, the SEC needs more time to review additional documents following a court order. The extension would move the deadline from October 18, 2024, to February 18, 2025, affecting subsequent deadlines. Meanwhile, Coinbase's CLO updated progress on their FOIA suit against the FDIC, aiming to uncover the truth behind #OperationChokepoint2.0. Lawyer James Murphy praised the pressure on regulators, criticizing Congress for not fulfilling its oversight role. Read more AI-generated news on: https://app.chaingpt.org/news