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The SEC has officially settled with Coinbase after a 2-year battle over "missing" text messages from former Chair Gary Gensler. The agency will pay a flat fee to resolve the dispute regarding internal records and what Gensler knew about Ethereum.
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AI visual note: A bald man in a dark suit and blue tie stands before a wooden-paneled background, looking off-camera with a serious expression. The image appears to show Gary Gensler, the former SEC Chair whose missing text messages were central to a legal dispute between the agency and Coinbase, ultimately settled with the SEC paying a fee.