TechFlow News — A New York federal judge, Katherine Polk Failla, has rejected Coinbase's request to subpoena SEC Chair Gary Gensler. Coinbase had sought documents from Gensler related to the case, but the SEC argued that subpoenas should target the agency, not individuals, calling the move an "improper intrusion." The judge expressed dissatisfaction with Coinbase's arguments and suggested the company file a motion to compel. Coinbase has been engaged in litigation with the SEC since last year, following allegations that it operated an unregistered exchange platform.
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