Coinbase has initiated legal action seeking to recover deleted text messages from former SEC Chair Gary Gensler, a move that highlights the tension between crypto companies and regulatory bodies. The exchange is requesting access to communications related to crypto regulation from October 2022 to September 2023, claiming they are crucial for understanding how regulations were shaped. The request stems from the SEC’s reported deletion of this data, citing a newly implemented policy in 2023. Coinbase argues that these messages hold vital context and should be accessible as part of their ongoing legal battles with the SEC. The company believes this deleted information is crucial for understanding the SEC’s approach to crypto regulation.