Coinbase Accuses FDIC of Non-Cooperation in FOIA Requests
- Coinbase alleges the FDIC has not complied with Freedom of Information Act (FOIA) requests.
- The exchange seeks information on “pause letters” allegedly sent to banks to freeze crypto services.
- Paul Grewal, Coinbase’s chief legal officer, claims these actions are part of “Operation Choke Point 2.0.”
- The law firm History Associates filed a motion for court intervention regarding FOIA compliance.
- The FDIC released redacted documents related to its supervision of crypto activities last month.
Coinbase has accused the FDIC of failing to comply with FOIA requests concerning alleged “pause letters” sent to banks, which they claim are part of an effort to stifle the crypto industry. The matter is now moving towards litigation.
Source (2.6)https://dailyhodl.com/2025/04/02/coinbase-says-fdic-not-cooperating-with-exchanges-freedom-of-information-request-in-new-court-filing/?rand=59076
