SEC 要求向 Coinbase 提供一些文件，但 Gensler 传票被拒绝

纽约一名联邦法官对美国证券交易委员会（SEC）和加密货币交易所 Coinbase 之间正在进行的法律纠纷做出了混合裁决。

A federal judge in New York has granted certain parts of cryptocurrency exchange Coinbase’s motion to compel the U.S. Securities and Exchange Commission (SEC) to provide documents relevant to an ongoing legal battle, but rejected other requests, including the subpoena of SEC Chair Gary Gensler.

纽约一名联邦法官批准了加密货币交易所 Coinbase 的动议的某些部分，该动议迫使美国证券交易委员会 (SEC) 提供与正在进行的法律斗争相关的文件，但拒绝了其他请求，包括 SEC 主席加里·詹斯勒 (Gary Gensler) 的传票。

The decision comes amid a broader lawsuit filed by the SEC, accusing Coinbase of operating its platform without proper registration. This lawsuit, initiated in 2023, has led to a discovery phase where Coinbase seeks to acquire documents from the SEC to aid its defense. Coinbase's attempts to compel additional documentation and statements from Gensler have been a key point of contention.

这一决定是在 SEC 提起更广泛的诉讼之际做出的，指控 Coinbase 在没有适当注册的情况下运营其平台。这起诉讼于 2023 年发起，目前已进入证据披露阶段，Coinbase 寻求从 SEC 获取文件以帮助其辩护。 Coinbase 试图迫使 Gensler 提供额外的文件和声明一直是争论的关键点。

Coinbase's original motion included a broad request for documents, particularly focusing on those related to the SEC's evaluation of various cryptocurrency tokens under the Howey Test—a legal standard used to determine whether certain assets qualify as securities. Coinbase also sought documents connected to the SEC's approval of its public listing in 2021 and requested that Gary Gensler testify and provide personal communications.

Coinbase 的原始动议包括广泛要求提供文件，特别关注与 SEC 根据豪伊测试（用于确定某些资产是否有资格作为证券的法律标准）评估各种加密货币代币相关的文件。 Coinbase 还寻求与 SEC 批准其 2021 年公开上市相关的文件，并要求 Gary Gensler 作证并提供个人通讯。

Judge Katherine Polk Failla, in a ruling dated Thursday, decided to grant Coinbase access to certain SEC documents, which could prove crucial to the exchange’s defense. However, the judge rejected Coinbase's request to subpoena Gensler for testimony or personal communications.

法官凯瑟琳·波尔克·法伊拉 (Katherine Polk Failla) 在周四的一项裁决中决定授予 Coinbase 访问 SEC 某些文件的权限，这可能对该交易所的辩护至关重要。然而，法官拒绝了 Coinbase 传唤 Gensler 提供证词或个人通讯的请求。

Coinbase had initially sought documents dating back to 2017, including Gensler’s private emails. However, this request was narrowed to only cover his time leading the agency after he assumed office in 2021.

Coinbase 最初寻找的是 2017 年以来的文件，包括 Gensler 的私人电子邮件。然而，这一要求被缩小到仅涵盖他 2021 年上任后领导该机构的时间。

Paul Grewal, Coinbase’s Chief Legal Officer, said the company withdrew the request for Gensler’s communications after the SEC assured the court that Gensler had not used personal communication channels for SEC business. “The SEC has represented, under penalty of perjury, that Gary Gensler has not used any personal communication channels to conduct SEC business,” Grewal stated, explaining why the request was no longer pursued.

Coinbase 首席法务官 Paul Grewal 表示，在 SEC 向法院保证 Gensler 没有使用个人沟通渠道处理 SEC 业务后，该公司撤回了对 Gensler 进行沟通的请求。 Grewal 表示：“SEC 表示，Gary Gensler 没有使用任何个人沟通渠道来开展 SEC 业务，如有伪证，愿受处罚。”他解释了为何不再追究该请求。

Coinbase had sought broader access to documents from a variety of SEC leadership and staff, including current and former SEC commissioners. The SEC had originally offered to produce documents from only five of its staff members, which Coinbase argued was insufficient.

Coinbase 曾寻求更广泛地获取 SEC 领导层和工作人员的文件，其中包括现任和前任 SEC 委员。 SEC 最初只提出提供其五名工作人员的文件，Coinbase 认为这还不够。

Judge Failla agreed that more documents should be produced but did not grant Coinbase’s full request for additional personnel. The judge specifically excluded current and former commissioners from the search, reducing the scope of individuals whose communications must be examined.

Failla 法官同意应提供更多文件，但没有批准 Coinbase 增加人员的全部请求。法官明确将现任和前任委员排除在搜查之外，从而缩小了必须审查其通信的个人范围。

The judge also ruled that the SEC would not have to turn over internal documents unless they included external attachments. Despite this limitation, Coinbase's legal team viewed the ruling as a victory in pursuing evidence related to the SEC's application of the Howey Test to the tokens in question.

法官还裁定，除非包含外部附件，否则 SEC 不必移交内部文件。尽管存在这一限制，Coinbase 的法律团队仍认为该裁决是在寻求与 SEC 对相关代币应用 Howey 测试相关的证据方面的胜利。

Grewal noted that the court’s order would result in Coinbase obtaining critical discovery that could strengthen its legal defense. He described the ruling as a significant step forward in uncovering the SEC’s internal deliberations.

Grewal 指出，法院的命令将导致 Coinbase 获得关键发现，从而加强其法律辩护。他称该裁决是揭露 SEC 内部审议的重要一步。

Judge Failla also ruled in favor of the SEC's request to permanently file some documents under seal, allowing redactions for sensitive information. While the exact contents of these redactions remain unknown, it is expected that these documents will contain confidential or proprietary information that the SEC deems too sensitive for public release. This is a common practice in litigation involving regulatory bodies and financial entities.

法伊拉法官还裁定支持美国证券交易委员会要求永久封存一些文件的请求，从而允许对敏感信息进行编辑。虽然这些修订的具体内容仍然未知，但预计这些文件将包含 SEC 认为过于敏感而无法公开发布的机密或专有信息。这是涉及监管机构和金融实体的诉讼中的常见做法。

Coinbase's Grewal emphasized that the ruling would still allow them access to key documents. “While it may be the case that we withdrew one particular request, and the judge recognized certain reasonable limits, this was an order granting the heart of the discovery that we have been seeking for months,” Grew

Coinbase 的 Grewal 强调，该裁决仍将允许他们访问关键文件。格鲁说：“虽然我们可能撤回了一项特定请求，并且法官承认了某些合理的限制，但这项命令授予了我们几个月来一直在寻求的发现的核心内容。”