Coinbase, the largest US cryptocurrency exchange, has filed a Freedom of Information Act (FOIA) request to the US Securities and Exchange Commission (SEC) seeking information on the agency's spending on investigations and enforcement actions against the crypto industry in recent years. Coinbase is asking for details on the total costs of investigations and enforcement actions, targeted companies, the number of employees and contractors involved, and financial information about the previous leadership's crypto enforcement unit. The move comes as the SEC has undergone a shift in management and a change in its approach to cryptocurrencies under the Trump administration. Coinbase has previously taken the SEC to court over public-records disputes, and its latest effort to reveal internal discussions on crypto oversight is still an ongoing case. The company insists that its records request is not retaliatory but aims to ensure transparency and learn from past mistakes.



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