Crypto Blog
In a July 11 hearing, Judge Katherine Polk Failla expressed skepticism about Coinbase’s efforts to subpoena SEC Chair Gary Gensler in the ongoing SEC case against the cryptocurrency exchange.
However, Judge Failla dismissed this argument, stating, “I do not find that argument persuasive. Just keep that in mind.” She urged Coinbase’s legal team to reconsider their approach, noting, “I think you should cut your losses and go to your second point.” Tenreiro emphasized that Gensler is neither a fact witness nor an expert witness on the law, arguing that the subpoena should be quashed.
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