PANews reported on April 21 that Coinbase's Chief Legal Officer Paul Grewal posted on X platform: "Through a Freedom of Information Act (FOIA) lawsuit, we obtained more details from the U.S. Securities and Exchange Commission (SEC) about the investigation into Ethereum 2.0 (ETH2.0) during the Gensler era. In their Vaugh index for unpublished materials, we discovered the following documents and intend to investigate further.
- A PDF file from May 2022 titled 'Analysis of Ethereum 2.0 under the Howey Test', prepared by SEC staff.
- An email from February 2023 titled 'Response Regarding Whether Ethereum is a Security'. A PDF file from April 2023 titled '2 - Ethereum 2.0', which may be a memorandum received by commissioners before voting to authorize an investigation into Ethereum 2.0.
- An email from August 2023 titled 'Timing of Ethereum Discussion'.
- Two emails from February 2024, titled 'FW Spot Ethereum - Security or Non-Security' and 'Ethereum - Security or Non-Security'.
- Emails and attachments from February and April 2024, containing 'possible approaches to handling specific legal issues related to Ethereum'.
- Case closure statement for the Ethereum 2.0 investigation.
Why did this asset pass the so-called 'ecosystem' test while other assets did not? We need to comprehensively review past mistakes to avoid repeating them in the future."
