🔍 Coinbase and History Associates are suing the FDIC, demanding they comply with a Freedom of Information Act request. The duo wants the FDIC to release "pause letters" allegedly sent to financial institutions, instructing them to halt crypto activities. They believe this is a strong-arm tactic to isolate digital asset businesses, similar to the controversial "Operation Choke Point". The FDIC has refused to release the letters, citing trade secrets and examination materials exemptions. The suit aims to ensure transparency in regulatory practices. Meanwhile, Coinbase is also wrestling with the SEC. Stay tuned!