Coinbase filed a motion to compel the SEC and Chair Gary Gensler to provide crucial documents related to its litigation with the agency, stemming from accusations of offering unregistered securities and operating an unregistered exchange.

The lawsuit between the SEC and Coinbase originated from the agency suing Coinbase last year for operating its platform without proper registration.

Judge Katherine Polk Failla criticized Coinbase for initially requesting extensive communications from Chair Gensler, leading the company to adjust its demands.

U.S. District Judge Katherine Polk Failla expressed doubt about Coinbase's arguments concerning Gensler's personal emails, prompting a motion to compel for more information.

Coinbase initially sought communications from before Gensler joined the SEC but revised its request after facing resistance from a federal judge.

Coinbase served Gensler with a subpoena for documents dating back to 2017, later narrowing the scope to his emails during his tenure as SEC chair.

Coinbase is seeking documents crucial to its case, including internal discussions by Chair Gensler and SEC members on crypto regulation, public company status deliberations, and tokens mentioned in the SEC's complaint.

The new motion aims to acquire all communications Gensler had during his time at the SEC, encompassing private interactions as well.

Coinbase's Chief Legal Officer, Paul Grewal, stressed the significance of transparency in understanding the SEC's operations and any inconsistencies in their communication about crypto laws.

Coinbase believes that Gensler's views on crypto are pivotal in highlighting the SEC's inconsistent approach to enforcing securities laws.

The outcome of Coinbase's legal disputes with the SEC could have a substantial impact on U.S. crypto policy.