Coinbase Files Lawsuits, Alleges Deliberate Exclusion of Crypto Sector Against SEC, FDIC

Jun 27, 2024, 12:08 PM

Coinbase has filed lawsuits against the SEC and FDIC, alleging the agencies deliberately withheld information requested under the Freedom of Information Act (FOIA), attempting to exclude the crypto sector from banking services. The company seeks to uncover a strategy to debank crypto and accuses regulators of denying banking access to the industry.