Coinbase has escalated its regulatory battle with the Federal Deposit Insurance Corporation (FDIC) by filing a Freedom of Information Act (FOIA) request, which has revealed that the FDIC has advised over 20 banks to pause their relationships with cryptocurrency firms. FDIC Vice Chair Travis Hill has criticized the agency's approach, suggesting that the real issue is not cryptocurrency but a lack of clear regulatory guidelines. Additionally, Coinbase's Chief Legal Officer, Paul Grewal, has accused the FDIC of withholding critical documents and not providing records from Microsoft Teams communications. In a related development, Coinbase has secured the right to appeal in its ongoing case with the Securities and Exchange Commission (SEC), which involves accusations related to staking and unregistered securities. The FDIC's actions have been linked to what some call 'Operation Chokepoint 2.0,' a perceived effort to restrict banking services to crypto businesses, with whistleblower allegations suggesting the FDIC's anti-crypto stance.