The SEC just settled a two-year legal battle over Ethereum docs, paying $150K to History Associates — the firm helping Coinbase seek transparency. The case forced the SEC to release withheld records, including key notes from then-Chair Gary Gensler on Ethereum’s proof-of-stake shift. Coinbase’s Brian Armstrong likened it to last year’s FDIC transparency push, calling for accountability in how regulators handle crypto. With all documents now disclosed, the case closes — a win for public access in the age of digital finance.

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