Coinbase Hunts for ‘Choke Point 2.0’ Docs as Judge Revives FDIC Lawsuit
- Judge lifts stay in Coinbase vs. FDIC FOIA lawsuit before agency response
- Coinbase alleges FDIC halted cooperation, withheld ‘Choke Point 2.0’ docs
- Lawsuit seeking FDIC internal records regarding crypto banking pressure resumes
A U.S. District Judge lifted the stay in Coinbase’s Freedom of Information Act (FOIA) lawsuit against the Federal Deposit Insurance Corporation (FDIC) without waiting for the agency’s response, according to Fox Business journalist Eleanor Terrett.
Terrett observed via X that Judge Reyes appeared unhappy with the situation. The judge’s decision resumes the legal process, allowing Coinbase to seek documents it claims the FDIC has withheld. The stay had paused the battle since February when the court hoped for resolution between the two parties without further proceedings.
Related: Coinbase Accuses FDIC of Secretly Stifling Crypto Banking
Lawsuit Resumes After FDIC Allegedly Halted Cooperation
Coinbase filed a motion in the D.C. District Court to resume its FOIA lawsuit, claiming the FDIC had ceased cooperation and was still withholding key information. The …
The post Coinbase Hunts for ‘Choke Point 2.0’ Docs as Judge Revives FDIC Lawsuit appeared first on Coin Edition.
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Coinbase Hunts for ‘Choke Point 2.0’ Docs as Judge Revives FDIC Lawsuit
- Judge lifts stay in Coinbase vs. FDIC FOIA lawsuit before agency response
- Coinbase alleges FDIC halted cooperation, withheld ‘Choke Point 2.0’ docs
- Lawsuit seeking FDIC internal records regarding crypto banking pressure resumes
A U.S. District Judge lifted the stay in Coinbase’s Freedom of Information Act (FOIA) lawsuit against the Federal Deposit Insurance Corporation (FDIC) without waiting for the agency’s response, according to Fox Business journalist Eleanor Terrett.
Terrett observed via X that Judge Reyes appeared unhappy with the situation. The judge’s decision resumes the legal process, allowing Coinbase to seek documents it claims the FDIC has withheld. The stay had paused the battle since February when the court hoped for resolution between the two parties without further proceedings.
Related: Coinbase Accuses FDIC of Secretly Stifling Crypto Banking
Lawsuit Resumes After FDIC Allegedly Halted Cooperation
Coinbase filed a motion in the D.C. District Court to resume its FOIA lawsuit, claiming the FDIC had ceased cooperation and was still withholding key information. The …
The post Coinbase Hunts for ‘Choke Point 2.0’ Docs as Judge Revives FDIC Lawsuit appeared first on Coin Edition.
Read More
US SEC Declares Dollar-Backed Stablecoins Aren’t Securities