Coinbase has filed a legal objection to the Federal Deposit Insurance Corporation’s (FDIC) latest attempt to delay the release of key documents related to the alleged debanking of crypto firms.
On April 10, the exchange opposed the FDIC’s request for a 16-day extension in response to a Freedom of Information Act (FOIA) lawsuit.
Paul Grewal, the company’s Chief Legal Officer, called the request “absurd” while emphasizing that the FDIC submitted 13 pages to ask for more time to decide whether it needs even further delays.
He wrote:
“FDIC just filed 13 pages in our FOIA suit asking the Court for another 16 days to decide whether to ask us for … even more delay. As laid out in our response, this is absurd.”
In its court filing, Coinbase accused the FDIC of stalling and failing to meet its obligations under FOIA. The exchange argued that the agency’s redacted documents were so heavily censored that they offered no meaningful insight.
It also challenged the FDIC’s claim
We współpracy z: https://cryptoslate.com/coinbase-accuses-fdic-of-stalling-crypto-debanking-document-release/
