Coinbase Wins Big as Third Circuit Vacates SEC Data Demands, Delivering Blow to Regulation-by-Enforcement
Coinbase Crushes SEC in Landmark Crypto Oversight Clash Coinbase just handed the SEC a stinging defeat in federal court, overturning an order that demanded the exchange cough up customer data without clear proof of securities violations. The Third Circuit’s ruling slams the door on the agency’s “regulation by enforcement” playbook, signaling crypto platforms can now…
