【Coinbase Lawyer Reveals New Evidence of FDIC's 'Pause Letter' in the Crypto Industry】Coinbase's Chief Legal Officer Paul Grewal recently described this investigation as a 'shameful example' of regulatory overreach against legitimate cryptocurrency companies. Grewal criticized the Federal Deposit Insurance Corporation (FDIC) for concealing actions and pointed out that two additional letters were discovered only after the agency claimed to have complied with earlier court orders. These newly disclosed letters were obtained through a request filed with the court under the Freedom of Information Act, showing that the FDIC had repeatedly urged banks to pause crypto-related services pending further regulatory review. Grewal called for Congress to hold hearings on the matter, stating, 'Every time we pull on one thread, their sweater unravels even more; it's hard to believe in their sincerity.'