Coinbase reacted to the SEC for failing to answer questions asked in the US Court of Appeals.
Coinbase has condemned the US Securities Regulator (SEC) for failing to answer questions posed in the US Court of Appeals as part of the ongoing legal battle. In a June 17 letter, Coinbase lawyers accused the SEC of providing direct responses to the court regarding the petitions.
Coinbase made statements about the incident and said that they experienced it;
“When ordered by the court to address the stark inconsistency between her position to sue and her actions and statements elsewhere, the SEC still does not respond and instead repeats the talking points.”
The letter came in response to the SEC’s June 13 submission to respond to Coinbase’s rulemaking petition. Also, Coinbase stated that it was even reacting to the SEC’s court progress.