Coinbase wants the court to compel the CFTC to hand over its communications with certain crypto issuers, claiming its critical to its defense against the SEC.
Coinbase has petitioned a federal court to force the Commodity Futures Trading Commission to hand over any communication it had with several crypto token issuers to help it defend against a Securities and Exchange Commission suit.
According to an Oct. 1 motion to compel, the crypto exchange wants the CFTC’s communications with the issuers of 12 cryptocurrencies that the SEC has alleged are unregistered securities that Coinbase sold.
It also asked for documents on the scope of the two regulators' “respective regulatory authorities over digital assets, including market uncertainty on this subject.”
