At least 30 tech and crypto founders were reportedly “secretly debanked” in the US during Operation Chokepoint 2.0…

Some US government agencies continue to deny transparency regarding their role in Operation Chokepoint 2.0, a period during the Biden administration when crypto and tech founders were allegedly denied banking services, according to Coinbase chief legal officer Paul Grewal.

Despite recent regulatory shifts, agencies like the Federal Deposit Insurance Corporation (FDIC) continue to “resist basic transparency” efforts, Grewal wrote in a March 8 post on X.

“They haven’t gotten the message,” he wrote.

https://www.zerohedge.com/crypto/fdic-resists-transparency-operation-chokepoint-20-coinbase-clo-says

 

Debanking – an effective bullying technique! Canada pioneered it and every two bit tyrant instantly jumped on the bandwagon. Destroys small businesses and the entrepreneurial spirit instantly — very effective for monopoly building or rapidly increasing the personal net worth of those that hold power. NO viable alternative has been revealed by alternative media !!!!  Although there was a US story yesterday about a new (very small) bank — anyone remember the name of it?

FOUND IT — OLD GLORY BANK — https://www.zerohedge.com/markets/after-debanking-conservatives-one-new-bank-promises-be-safe-haven-cancel-culture