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Coinbase and SEC Reach Fresh Agreement on Document Handling: Details

Published 05/26/2024, 10:03 PM
Updated 05/26/2024, 10:45 PM
© Shutterstock Coinbase and SEC Reach Fresh Agreement on Document Handling: Details
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  • Coinbase (NASDAQ:COIN) and SEC submitted a joint Stipulation and Proposed Protective Order to the court.
  • The agreement includes provisions for resolving disputes and handling inadvertent sharing of protected information.
  • Coinbase has moved to challenge the SEC’s interpretation of investment contracts.

U.S.-based exchange Coinbase and the U.S. Securities and Exchange Commission (SEC) have reached a consensus on handling sensitive documents. In particular, on May 24, a Stipulation and Proposed Protective Order was submitted in a letter to presiding Judge Katherine Polk Failla.

This agreement ensures that the court can enforce the terms should any breaches be alleged in the lawsuit between the SEC and Coinbase. In the letter, both parties acknowledged their commitment to good faith cooperation regarding document requests and production. The agreement outlines a process for addressing any questions related to reductions, categories, metadata, or assertions of privilege in the documents produced.

Additionally, the agreement includes a clause for inadvertent sharing of protected information, requiring the disclosing par…

The post Coinbase and SEC Reach Fresh Agreement on Document Handling: Details appeared first on Coin Edition.

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