Former U.S. Attorney General Donald Verrilli claims that federal regulators are actively and coordinately trying to "de-bank" the digital asset industry.。He supported in court an appeal by Custodia Bank, which was rejected for its application for a Federal Reserve master account on the grounds that it was involved in cryptocurrency business.。Verrilli believes this reflects efforts by federal regulators to isolate the digital asset industry from the traditional economy.。A number of politicians and organizations, including former Senator Pat Toomey and the Digital Chamber of Commerce, also backed Custodia's appeal.。At present, the court has not announced the final decision on the case。