Paul Grewal, Coinbase's chief legal officer, said the Federal Deposit Insurance Corporation's (FDIC) FOIA judge had ordered the agency to produce the Operation Chokepoint 2.0 suspension letter "with remarkable speed" and thanked the court for its action on the matter.
He announced that this is an important step towards transparency for the FDIC and other regulators. Coinbase is filing a lawsuit and filing a FOIA request to force regulators to provide clear guidance. Similarly, Grewal decided to reveal how Coinbase's FOIA request shows multiple instances where the FDIC allegedly directed banks to stop crypto-related services.
Coinbase secures a major victory in a FOIA lawsuit against the Federal Deposit Insurance Corporation
2024-11-05 04:31:24
Coinbase chief legal officer paul grewal think united states federaldesk3cryptocurrencydesktopCrypto News
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