Coinbase has requested that the FDIC provide details in court on how it conducted “due diligence” to ensure no documentation related to the event was destroyed. However, the agency “repeatedly refused to do so,” Grewal said.

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Coinbase has requested that the FDIC provide details in court on how it conducted “due diligence” to ensure no documentation related to the event was destroyed. However, the agency “repeatedly refused to do so,” Grewal said.