Coinbase Chief Legal Officer: Judge rules for SEC to disclose key information related to Coinbase's mandatory motion

Coinbase Chief Legal Officer Paul Grewal said on the X platform that the U.S. judge ruled on a mandatory motion between Coinbase and the Securities Exchange Commission (SEC) to order the SEC to disclose critical information that is critical to the defense of the case. Paul Grewal said he will share the full court transcript with you when he has access to it, and he thanked the court for its careful consideration of the matter.
Previously, Coinbase objected to the SEC's proposal to expand the definition of a trading platform on August 12, saying that the SEC's proposal lacked critical analysis, was based on unreasonable assumptions, failed to demonstrate any issues requiring regulation, and greatly exaggerated the proposed benefits.