Coinbase filed a FOIA request to seek information on SEC's spending on enforcement actions against crypto firms during the Biden Administration.
Coinbase is requesting information on the cost of crypto-related investigations and enforcement actions, the number of employees involved, and details about the previous SEC's 'Crypto Assets and Cyber Unit'.
The SEC's special crypto enforcement unit has reportedly undergone changes, with members being reassigned to other SEC departments.
The SEC has taken steps to be more welcoming to the industry and has dismissed several crypto litigations, closed investigations, and dropped the lawsuit against Coinbase.