Coinbase Chief Legal Officer Paul Grewal said the agency lost nearly a year of Gensler-era text messages and argued that the missing records affected Coinbase’s ability to obtain complete responses to its requests. The claim followed a settlement that ended Coinbase’s Freedom of Information Act lawsuit against the SEC. The agreement requires the agency to release additional records, review its record preservation practices, and pay $150,000 in attorney fees to History Associates, the consulting firm that handled Coinbase’s FOIA requests.