2024

when

Coin

<ul class="wp-block-list news-points"> 
 <li><strong>Bill Morgan highlighted the SEC’s limitations in pursuing regulatory enforcement.</strong></li> 
 <li><strong>Coinbase requested the SEC to produce large volumes of documents.</strong></li> 
 <li><strong>Paul Grewal believes the requested documents are “important” to the case.</strong></li> 
</ul> 
<p>Renowned crypto lawyer Bill Morgan has highlighted the SEC’s limitations in pursuing regulatory enforcement. In a recent post on X, Morgan noted that the agency’s budget is less than its chairperson’s request. Yet, it has to spend such resources on discovering documents requested by Coinbase and Ripple instead of opting for a settlement.</p> 
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   <p lang="en" dir="ltr">It must suck as a regulator when your budget is less than the chairperson requests and companies like <a href="https://twitter.com/coinbase?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Coinbase</a> and <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@ripple</a> make you expend such resources <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> in discovery of documents instead of being cowed into a settlement. <br><br>If only there was more clarity and such enforcement… <a href="https://t.co/SkY97gnc41" target="_blank" rel="nofollow">https://t.co/SkY97gnc41</a> <a href="https://t.co/GI436KXvE1" target="_blank" rel="nofollow">pic.twitter.com/GI436KXvE1</a></p>— bill morgan (@Belisarius2020) <a href="https://twitter.com/Belisarius2020/status/1820618685163434352?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 6, 2024</a>
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<p>In his post, Morgan cited a section of the court filing showing Coinbase’s request for the SEC to produce all documents relating to crypto assets. Following this, the SEC produced all the non-privileged documents it gath…</p>
<p>The post <a href="https://coinedition.com/crypto-lawyer-highlights-secs-limitations-amid-regulatory-battles/">Crypto Lawyer Highlights SEC’s Limitations Amid Regulatory Battles</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Crypto Lawyer Highlights SEC’s Limitations Amid Regulatory Battles

Coin Edition

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