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Operation Chokepoint

912, 2024

FDIC Urged Banks to ‘Pause’ Crypto Activities, Court Documents Reveal

|9 Dec 2024|News|

Court filings from a Freedom of Information Act (FOIA) lawsuit indicate the Federal Deposit Insurance Corporation (FDIC) requested banks to halt activities related to digital assets. These “pause letters,” dated 2022, were disclosed as part of legal proceedings in the U.S. District Court for the District of Columbia.

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