Paul Grewal, Coinbase's Chief Legal Officer, has criticised the SEC for employing unfair tactics against crypto companies, accusing them of "gaslighting."

Grewal has called on Ripple (CRYPTO:XRP), Uniswap (CRYPTO:UNI), Kraken, Binance.US, and Robinhood to demand a thorough explanation from the SEC regarding their Wells Process.

The move follows a case where the SEC failed to clarify which digital assets qualify as securities, leading to sanctions from US District Judge Robert Shelby.

Growing concerns arise in the crypto industry regarding fairness and transparency in regulatory enforcement actions amid this legal plea