FDIC is exposed for deliberately concealing action documents to suppress the cryptocurrency industry, and has launched social media investigations into multiple critics
BlockBeats News: On January 9th, according to (Bitcoin.com), multiple insiders within the Federal Deposit Insurance Corporation (FDIC) in the United States exposed a series of inappropriate actions by the agency during Operation Chokepoint 2.0 (a crackdown on the cryptocurrency industry). According to reports, the FDIC has taken various measures to circumvent the disclosure requirements of the Freedom of Information Act (FOIA), including marking files as lawyer client privileges, conducting incomplete searches in regional systems, and hiding files generated on collaboration platforms such as Microsoft Teams. According to informed sources, about 150 key documents have not been submitted. At the same time, the FDIC is also accused of conducting a social media investigation into several well-known figures in the industry, including Coinbase Chief Legal Officer Paul Grewal, WSPN CEO Austin Campbell, Custodia Bank founder Caitlin Long, Castle Island Ventures founder Nic Carter, and Unchained podcast regulatory journalist Veronica Irwin. Insiders have stated that they have been personally assigned to investigate whether these individuals pose a threat to the FDIC.