#Coinbase Chief Legal Officer Accuses FDIC of Suppressing the Crypto Industry!🚨
Paul Grewal stated that documents obtained through the Freedom of Information Act reveal the FDIC's "secret actions" instructing banks to delay or stop providing services to crypto companies. These letters have been described as a "shameful example of a U.S. government agency attempting to cut off lawful American companies' access to financial resources." The FDIC has expressed concerns about safety and consumer risk, but Coinbase believes this is an unfair barrier.
What do you think? Feel free to share your thoughts in the comments!