Breaking: Coinbase Files Lawsuit Against SEC, FDIC Over Debanking Crypto Firms

Coinbase, a prominent crypto exchange, has initiated two lawsuits against the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). These lawsuits was filed in the U.S. District Court for the District of Columbia. In the filings, Coinbase claims that these federal agencies have failed to comply with Freedom of Information Act (FOIA) requests. Moreover, Coinbase is seeking a court order to compel the agencies to release the requested information.