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Coinbase CLO Paul Grewal Calls Out FDIC Over Incomplete FOIA Responses

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Summary
Nutrition label

73% Informative

Paul Grewal , Chief Legal Officer ( CLO ) of Coinbase , criticizes FDIC for incomplete FOIA responses, citing 150 missing documents.

He accuses FDIC of avoiding full-text searches and excluding Microsoft Teams documents.

The controversy includes the FDIC ’s use of “pause letters” sent to banks, urging them to halt services to cryptocurrency clients.

The letters allegedly focused on issues like cryptocurrency lending, stablecoins and blockchain based payment systems.

Senator John E. Deaton called for more supervision, and noted that officials discretionarily cutting off access to financial networks cannot be overlooked.

VR Score

63

Informative language

56

Neutral language

59

Article tone

formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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