Breaking
April 23, 2025

Trading | Coinbase Says FDIC Not Cooperating With Exchange’s Freedom of Information Request in New Court Filing Conor Devitt | usagoldmines.com

Coinbase’s legal representatives say the U.S. Federal Deposit Insurance Corporation (FDIC) hasn’t been cooperating with Freedom of Information Act (FOIA) requests.

Coinbase has been attempting to leverage FOIA to uncover instances of the FDIC asking banks to freeze crypto services, known as “pause letters,” but the top US crypto exchange says the regulator hasn’t been complying with its information requests.

Paul Grewal, Coinbase’s chief legal officer, claims the pause letters were part of “Operation Choke Point 2.0,” an alleged attempt by Biden Administration government regulators to stifle the crypto industry.

The exchange hired the law firm History Associates, which filed a motion in January asking a federal court to intervene.

The following month, the court paused the FDIC’s deadline to respond to History Associates’ amended FOIA complaint “so that the parties could engage in a biweekly, informal information-sharing process,” according to the law firm.

Coinbase’s legal representation has requested information regarding the FDIC’s response to its FOIA requests, specifically concerning the regulator’s policy or practice of “failing to conduct complete searches of all relevant databases and failing to take adequate steps to preserve responsive documents.”

In a new motion filed this week, History Associates now says the FDIC is “unwilling to cooperate” with these FOIA requests.

“The only viable path forward is for the case to resume and proceed to litigation of the merits.”

Last month, the FDIC released redacted documents related to its supervision of crypto-related activities, which include pause letters sent to 24 banks as well as communications and records involving other regulated institutions.

House Oversight Committee Chairman James Comer (R-KY) subsequently sent a letter to FDIC Acting Chairman Travis Hill requesting unredacted copies of the documents.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Coinbase Says FDIC Not Cooperating With Exchange’s Freedom of Information Request in New Court Filing appeared first on The Daily Hodl.

 Coinbase’s legal representatives say the U.S. Federal Deposit Insurance Corporation (FDIC) hasn’t been cooperating with Freedom of Information Act (FOIA) requests. Coinbase has been attempting to leverage FOIA to uncover instances of the FDIC asking banks to freeze crypto services, known as “pause letters,” but the top US crypto exchange says the regulator hasn’t been
The post Coinbase Says FDIC Not Cooperating With Exchange’s Freedom of Information Request in New Court Filing appeared first on The Daily Hodl. Regulators, Trading, coinbase, FDIC, Federal Deposit Insurance Corporation, News 

Recent:

Trading | New SEC Chair Paul Atkins Says Clarity on Digital Assets a ‘Top Priority’ for Agency Going...

Trading | CFTC Welcomes Public Comments on 24/7 Trading – Acting Chairman Says Agency Must Take ‘For...

Trading | Trump Media To Launch ‘a Series’ of ETFs in New Partnership With Crypto.com Daily Hodl Sta...

Trading | Revolut Refuses To Reimburse Customer After Unclear Deposit Instructions Cause Loss of $1,...

Trading | Real-World Asset Firm Blocksquare Teams Up With Vera Capital To Tokenize $1,000,000,000 in...

Trading | Charles Schwab CEO Says Firm Looking To Launch Spot Crypto Trading Within 12 Months Alex R...

Trading | Fidelity Global Macro Analyst Predicts S&P 500 Recovery After Pricing in ‘Enough Pain’...

Trading | Bank for International Settlements Says Real-World Assets To Drive Link Between Crypto and...

Trading | Relevant Token Listings Enabling Hyperliquid To Capture Huge Slice of DEX Perpetuals Volum...

Trading | US Crypto Exchange Kraken Expands to Stocks, ETFs and FX Perpetual Futures Conor Devitt | ...

Trading | SEC Greenlights New VanEck ‘Onchain Economy ETF’ That Holds Stocks Tied to the Digital Ass...

Trading | ‘Big Short’ Investor Steve Eisman Derisks, Says Stock Market Volatility Will Be Here for a...

Trading | OKX Goes Live In The US After Setting Up New Headquarters in San Jose, California Rhodilee...

Trading | Local Chinese Governments Mulling How To Dispose of Growing Stockpile of Seized Crypto Ass...

Trading | Here’s One Crypto Sector Quietly Going Parabolic Despite ‘Frustrating’ Bear Market, Accord...

Trading | $227,000,000 Worth of OM Tokens Moved to Crypto Exchanges Prior to 90% Price Collapse of M...

KiloEx DEX Experiences $7.5 Million Security Breach Due to Price Oracle Vulnerability Maisie Morriso...

Trading | ‘Persistent Negative Sentiment’ Causes $795,000,000 in Institutional Outflows From Crypto ...

Trading | Fundstrat’s Tom Lee Says Tariff De-Escalation Could Fuel Large Stock Market Rebound for Re...

Trading | Mastercard Announces Partnership With Kraken To Enable Crypto Payments in Europe Rhodilee ...

Trading | Crypto Investment Giant Galaxy Digital Gets Green Light From SEC for Nasdaq Listing Daily ...

Trading | ‘Bond King’ Jeffrey Gundlach Issues Stock Market Warning, Unveils Bottom Price Target for ...

Trading | Economist Alex Krüger Warns US Stocks Could Repeat 2008 Bear Market Amid Trump’s Trade War...

Trading | Malta Slaps OKX Crypto Exchange With $1,155,000 Fine Over Anti-Money-Laundering Violations...

Trading | Financial Firm Republic Plans To Acquire Crypto and Tokenized Securities Trading Platform ...

Trading | Grayscale Files S-1 Form With SEC for Solana ETF Without SOL Staking Function Daniell Marl...

Trading | Fundstrat’s Tom Lee Calls for Imminent Stock Market Reversal, Says US Has the ‘Right Piece...

Trading | Charles Hoskinson Says Memecoins Need To Pivot To Survive ‘Dumpening’ – Here’s What He Mea...

Trading | Bybit Shuts Down Its NFT Marketplace As Crypto Sector Struggles To Recover Daily Hodl Staf...

Trading | Binance Launches New Feature Enabling Trading Between Centralized and Decentralized Exchan...

FTX to Begin $11.4 Billion Creditor Repayments on May 30 Maisie Morrison | usagoldmines.com

Trading | ‘Extremely High’ Odds of V-Shaped Recovery for Stock Market, According to Fundstrat’s Tom ...

Trading | Billionaire Warren Buffett Dramatically Outperforms Market After Pouring $77,800,000,000 I...

Trading | ‘A Lot of Pain’ Left to Come in Crypto Cycle, According to Investor Meltem Dimirors – Here...

Trading | Binance Freezes Market Maker’s $38,000,000 Profits After Dumping MOVE Tokens on Retail Tra...

Trading | Trump Media Looking To Partner With Crypto.com for Potential ETF Launch Daily Hodl Staff |...

Trading | Morgan Stanley Warns of Short-Lived Stock Market Rally, Says Equities To Print ‘Durable’ L...

Binance Suspends Wallet Team Member Following Insider Trading Probe Maisie Morrison | usagoldmines.c...

Trading | Coinbase in ‘Advanced’ Stages of Acquiring Derivatives Platform Deribit: Report Alex Richa...

Trading | President Trump’s Tariffs Could Set Stage for Much Bigger Recovery Rally Than Expected, Sa...

Trading | “It’s Going To Be Big, Folks”: Coin Bureau’s Guy Turner Says One Catalyst Will Draw More I...

Trading | Crypto Asset Manager Canary Capital Continues ETF Application Spree with New Filing for Pu...

Trading | Coinbase (COIN) Stock Set To Explode on Trump’s Regulatory Tailwinds, According to Bernste...

Trading | OKX Suspends Decentralized Exchange Operations After Consulting With Regulators To Combat ...

Trading | Trader Predicts Crypto Rallies Amid Expectations of Fed Monetary Policy Shift – But There’...

Trading | Trading Giant Robinhood Launches New Prediction Markets Hub Using Kalshi Daily Hodl Staff ...

Trading | Billionaire Hedge Fund Manager Pours $33,720,000 Into Soaring Asset, Adds New Stake in Tec...

Trading | Central Bank of Russia Issues Proposal Allowing Wealthy Investors To Trade Bitcoin and Cry...

Trading | Stock Market To Witness Rallies in Next One to Two Weeks, Predicts Wall Street’s Cantor Fi...

Trading | Potential Bullish Move Incoming as One Metric That Tracks Crypto Traders’ Activity Flashes...

Trading | Binance Founder Refutes WSJ Reports of Trump Plans To Buy Stake in US Arm of the World’s L...

Trading | SEC Postpones Decision to Either Approve or Disapprove Grayscale’s XRP ETF Application to ...

Trading | Binance Receives $2,000,000,000 Investment From Abu Dhabi Investment Firm MGX Mehron Rokhy...

Coinbase to Launch First 24/7 Bitcoin and Ethereum Futures Trading in US Oliver Dale | usagoldmines....

Trading | Crypto Strategist Unveils Three-Year Price Outlook for Solana, Updates Forecast on US Doll...

Trading | Coinbase Gets Green Light To Operate in India After Receiving Approval From Regulators Dai...

Trading | Kraken Gearing Up for 2026 IPO Amid President Trump’s Crypto-Friendly Regulatory Environme...

Trading | Market Cap of Top Five Stablecoins Surges to New All-Time High of $204,700,000,000, Accord...

Trading | Coinbase, MicroStrategy and Other Crypto Companies ‘Snubbed’ by S&P Global: VanEck Exe...

Trading | Crypto Exchange Gemini Quietly Files for IPO With Goldman Sachs and Citigroup: Report Rhod...

Trading | Launch of TRUMP and MELANIA Marked the Memecoin Top, According to CoinGecko Daily Hodl Sta...

Trading | Top Crypto Exchange Binance Launches Trading Support for Brand-New Multichain Oracle Altco...

$1 Billion Bitcoin Movement: What Mt. Gox’s Latest Transfer Means for Crypto Markets Oliver Dale | u...

Trading | Trader Warns XRP Now Flashing Bearish Signal That Preceded Solana and Bitcoin Correction –...

Trading | Nasdaq Files for Proposal To List and Trades Shares of Grayscale Hedera (HBAR) Trust Daily...

Trading | Binance To Delist Tether’s USDT and Eight Other Non-Compliant Stablecoins in Europe Daily ...

Trading | Head of Swiss Central Bank Opposes Holding Bitcoin Reserves, Citing Volatility, Liquidity ...

Trading | Investor Arthur Cheong Predicts Solana (SOL) Will Soon Be ‘Substantially Higher’ – Here’s ...

Trading | $395,000,000,000 German Asset Manager Now Offering Crypto Trading, Custody and Management ...

Trading | Bitwise CIO Matt Hougan Says Crypto Needs ‘Another Story’ As Memecoin Narrative Fizzles Ou...

Trading | Crypto Exchange Bybit Fully Closes Ethereum Gap, According to Updated Proof of Reserves Re...

Bybit’s $1.46B Hack: Recovery Efforts Begin as North Korean Laundering Operation Unfolds Oliver Dale...

Trading | Fundstrat’s Tom Lee Says Positive Setup for Stock Market Forming, Sees Incoming Rebound fo...

Trading | SEC Drops Enforcement Lawsuit Against Against Top US Crypto Exchange, ‘Righting a Major Wr...

Trading | Global Liquidity Suggesting That Crypto Rally Still Has a Ways To Go, According to Real Vi...

Trading | Tether Sends $800,000,000 in USDT to Binance As Institutions Begin Onramping: Arkham Alex ...

Trading | SEC Commissioner Hester Peirce Tells Memecoin Traders Not To Expect Government To Make The...

Trading | Argentina Memecoin LIBRA Created by Same Team Behind First Lady’s MELANIA: Bubblemaps Dail...

Trading | Insiders Cash Out $107,000,000 in Crypto Before Memecoin Backed by Argentinian President C...

Trading | Billionaire Warren Buffett Pours $1,200,000,000 Into New Asset, Dumps $5,500,000,000 of Be...

Trading | Crypto Market Flashing Signal That Suggests Bottom Is Forming, Says Real Vision Analyst – ...

Trading | Crypto Custodian BitGo Looking To Go Public in the US This Year: Report Rhodilee Jean Dolo...

Trading | Robinhood Crypto Sees 8X Jump in Crypto Trading Revenues in Q4 2024, Putting Pressure on C...

Robinhood’s (HOOD) Crypto Book: Reports Record-Breaking Quarter Oliver Dale | usagoldmines.com

Trading | Crypto Trader Predicts Final Drawdown for Bitcoin Before Igniting ‘The Most Aggressive Mov...

Trading | Uniswap Labs Launches Mainnet for New Ethereum Layer-2 Unichain Daily Hodl Staff | usagold...

BNB Chain Unveils 2025 Roadmap: Sub-Second Speed, Gasless Transactions, AI-First Focus Nicholas Say ...

Bitpanda Secures UK Regulatory Approval to Offer 500+ Cryptocurrencies Oliver Dale | usagoldmines.co...

Gemini Secures Malta Regulatory Approval, Advances European Crypto Trading Plans Oliver Dale | usago...

SEC’s February 14 Deadline Approaches in Coinbase Appeal Case Oliver Dale | usagoldmines.com

Trading | Uniswap Labs Launches Mainnet for New Ethereum Layer-2 Unichain Daily Hodl Staff | usagold...

Trading | Uniswap Labs Launches Mainnet for New Ethereum Layer-2 Unichain Daily Hodl Staff | usagold...

Trading | Judge Refuses To Dismiss Coinbase Class Action Lawsuit, Says Exchange Must Face Complaint ...

Trading | SEC Acknowledges Grayscale’s Solana ETF Filing, Hinting at Potential Regulatory Sea Change...

Trading | Solana (SOL) Primed To Skyrocket 171% This Year, Predict VanEck Analysts – Here’s Why Dail...

Trading | US-Based Crypto Exchange Gemini Considering IPO Launch Later This Year: Report Mehron Rokh...

Trading | Coinbase Crosses $420,000,000,000 in Assets As CEO Brian Armstrong Ranks Crypto Exchange A...

Bitunix Lists Berachain (BERA) After Airdrop Surge to $1.17 Billion at Peak Price Oliver Dale | usag...

Trading | President Trump May Have Printed $800,000,000+ in Profits Since Launch of Official Memecoi...

Trading | Michaël van de Poppe Predicts Quick Bounce and Rally for Altcoins, Says Larger Investors L...

Leave a Reply