#FDIC Concealed Documents Suppressing the Crypto Industry#

Recently, the Federal Deposit Insurance Corporation (FDIC) has been exposed for a series of misconduct in its crackdown on the crypto industry (Operation Chokepoint 2.0), including concealing relevant documents and conducting social media investigations of critics. Insiders revealed that the FDIC has employed various tactics to circumvent the disclosure requirements of the Freedom of Information Act (FOIA), such as labeling documents as attorney-client privileged, conducting incomplete searches within regional systems, and hiding documents on collaborative platforms. Allegedly, around 150 key documents were not submitted. Additionally, the FDIC has been accused of conducting social media investigations into several prominent industry figures, including Coinbase's Chief Legal Officer, WSPN CEO, and Custodia Bank founder, attempting to ascertain whether they pose a threat to the FDIC. This incident has sparked questions about the FDIC's conduct, with concerns that the agency may be using its power to suppress the crypto industry and attempting to cover up its actions. This event also highlights the importance of regulatory transparency and the crucial role of the Freedom of Information Act in protecting the public's right to know.