The Federal Deposit Insurance Corporation (FDIC) has agreed to pay $188,440 in legal fees and withdraw its previous refusal to disclose crypto-related "suspension letters" in a Freedom of Information Act (FOIA) lawsuit. The lawsuit involved what has been dubbed "Operation Choke Point 2.0," alleging that the regulator informally pressured banks to suspend or restrict their crypto operations. According to a joint statement filed in federal court in Washington, the FDIC will fully pay the legal fees of History Associates, the firm that filed the information request, and adjust some of its FOIA enforcement practices. The court had previously ruled that the FDIC violated the FOIA by refusing to disclose related records as a whole instead of reviewing them individually. The report indicates that documents showed the FDIC sent letters to multiple banks requesting them to suspend or not expand their crypto-related businesses. The settlement also includes a commitment from the FDIC to clarify in its internal training that it will not apply a blanket exemption policy to bank regulatory documents. The case will be formally withdrawn after the fees are paid. (Decrypt)