What Is The FDIC Hiding? Coinbase Demands Crypto Disclosure

Description

According to court papers filed on Tuesday, Coinbase has pushed back hard against the Federal Deposit Insurance Corporation’s latest bid to toss out its Freedom of Information Act lawsuit. The exchange wants more details about so-called “pause letters” that the FDIC allegedly sent to banks, telling them to step away from crypto services. Now, Coinbase is asking a judge to force the FDIC to explain under oath how it handled those records and to hand over all FOIA denial letters issued between 202...