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$2,533,164,101,714
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Cryptocurrencies
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Coin Edition 2025-04-03 07:25:00

Coinbase Hunts for ‘Choke Point 2.0’ Docs as Judge Revives FDIC Lawsuit

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. https://twitter.com/EleanorTerrett/status/1907635199497707534 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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