Third Circuit Slams SEC Over Broad Subpoenas as Coinbase Wins
Coinbase Smacks Down SEC in Landmark Crypto Win Coinbase just handed the SEC a stinging defeat in federal appeals court, overturning an order that tried to bury the exchange under a blizzard of investigative demands. The Third Circuit ruled the agency’s broad subpoenas were legally flawed, shielding Coinbase from what amounted to a fishing expedition…
