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A US federal judge severely criticized the FDIC's actions in the Coinbase lawsuit, calling it "ridiculous"

According to online reports, according to the newly released hearing records, U.S. federal judge Ana C. Reyes severely criticized the FDIC's actions in Coinbase's case against the Federal Deposit Insurance Corporation. Judge Reyes noted that the FDIC failed to provide a large number of documents related to Coinbase's previously filed Freedom of Information Act (FOIA) requests and may have destroyed some case information. At the hearing, Judge Reyes asked FDIC lawyer Andrew Dober why he had adopted an "extremely narrow and illogical" interpretation of the FOIA request, calling it "almost ridiculous." Attorney Dober tried to ask the court to suspend the case for three weeks on the grounds of a change in leadership, but the judge refused and asked him to answer questions immediately. The lawsuit stems from Coinbase's attempt to obtain documents that the FDIC sent "suspension letters" to banks to restrict cryptocurrency-related activities. The operation was dubbed "Operation Choke Point 2.0" by industry participants.

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