On March 3rd, **COINOTAG News** reported that Coinbase has launched an initiative to scrutinize the financial expenditures of the SEC during Gary Gensler’s tenure. This endeavor, articulated by Fox correspondent Eleanor Terrett, involves a **Freedom of Information Act (FOIA)** request aimed at uncovering the precise costs associated with fraud investigations and enforcement actions pertaining to the **cryptocurrency sector**. Coinbase is specifically interested in obtaining data regarding investigations related to the issuance and sale of digital assets, secondary market trading, staking, and lending activities from April 17, 2021, to January 20, 2025.
The request seeks detailed information including the count and identification of investigations, staffing details, and compensation levels for SEC personnel involved in the **Cryptocurrency and Network Section**. Coinbase’s Chief Legal Officer emphasized this effort is rooted in a commitment to transparency for American taxpayers, expressing optimism that the **new SEC leadership** will usher in a renewed focus on accountability. As of now, there has been no immediate response from the SEC concerning this FOIA request.