Coinbase settled its FOIA lawsuit against the SEC after the agency admitted it destroyed former Chair Gary Gensler's text messages, securing a $150,000 payment and reforms to the SEC's record-retention policies.

Coinbase has landed a $150,000 settlement from the SEC after challenging the agency's recordkeeping practices, according to Paul Grewal.

July 22 : Coinbase has settled a Freedom of Information Act lawsuit against the U.S. Securities and Exchange Commission over records it sought from the agency, the cryptocurrency…