Coinbase Files Lawsuit Against SEC and FDIC What happened? Last week, History Associates Incorporated filed lawsuits on behalf of Coinbase against the Securities and Exchange Commision (SEC) and Federal Deposit Insurance Corporation (FDIC) to procure documents under the Freedom of Information Act (FOIA). Coinbase is seeking SEC documents regarding closed investigations to “shed light” on how the SEC perceives its authority over digital assets like Ethereum. Coinbase is also requesting that the FDIC provide copies of letters sent to financial institutions in which the “FDIC requested [the financial institutions] indefinitely pause their crypto-related activities.” After filing the two complaints, Coinbase Chief Legal Officer Paul Grewal