Operation Chokepoint 2.0: Crypto Founders Silenced by 'Secret' Debanking?

Quick Summary:

Operation Chokepoint originates from an Obama-era program that cut off financial services to industries deemed controversial or high-risk.

Custodia Bank CEO Caitlin Long shared her company’s experience of being debanked on Wednesday.“Yes—debanked repeatedly, in my company’s case,” she tweeted."Keep an eye on our pending lawsuit against the Fed.

Debanking refers to the process of a bank or financial institution revoking or restricting services to a customer, often closing their accounts without providing clear reasons.“There’s no due process.

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Article Details

Author / Journalist: Vismaya V

Category: Crypto

Markets: EstoniaAustralia

Topics: Biden Debanking Chokepoint 2.0 Joe rogan Marc andreessen Coins

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 05:52:26 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 544 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 23913948

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 4 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 12 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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