In a bold move, Coinbase has filed a lawsuit against the SEC and FDIC. The lawsuit claims that federal regulators are attempting to undermine the cryptocurrency industry by withholding information related to FOIA (Freedom of Information Act) requests.
Key Points:
🔹Coinbase alleges SEC and FDIC are obstructing transparency.
🔹The lawsuit focuses on the lack of response to FOIA requests.
🔹This case underscores the broader regulatory challenges facing the crypto sector.
