Coinbase Accuses SEC of Deleting Key Documents in Lawsuit

The ongoing legal battle between Coinbase and the SEC has taken a heated turn with the exchange alleging that the regulator destroyed crucial documents. Coinbase claims former Chair Gary Gensler deleted nearly a year’s worth of text messages from his personal phone, which were required to be preserved as part of the case. The exchange is fighting back against this move, arguing it demonstrates the agency’s lack of transparency and accountability.