Custodia's lawsuit claims that the bank's approval process for a master account with the Federal Reserve, which would reduce costs and risks, was delayed in an "unlawful" manner. Now, Caitlin Long's Bitcoin bank Custodia is suing the Federal Reserve.
As per a Forbes article, Custodia, the bitcoin bank previously recognized as Avanti, is suing the Federal Reserve for "patently unlawful" delays in the bank's request to become a "Master Account" underneath the central bank.
"For more tha...