Category: Chokepoint
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Senator Alleges Destruction Of Operation Chokepoint 2.0 Records
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There are new concerns about transparency in the regulatory methods of the Federal Deposit Insurance Corporation, or FDIC, in the wake of allegations against it. Sen. Cynthia Lummis of Wyoming believes the agency Destruction of important data Related to “Operation Chokepoint 2.0”, which is believed to have targeted the cryptocurrency…
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Crypto Lawyer, XRP Advocate Pushes For ChokePoint 2.0 Investigation
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Operation ChokePoint, a government initiative to limit some companies’ access to banking services, is receiving renewed attention. The initiative, launched in 2013, aims to restrict the access of traditional banking services to the cryptocurrency industry. Now, a few crypto figures are taking action, including blockchain proponent, John Deaton. In a…
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Are Crypto Banks In Danger? FDIC ‘Pause Letters’ Spark Fears Of Operation Chokepoint 2.0
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A cryptocurrency exchange has accused the US government of undermining the cryptocurrency sector by organizing an anti-crypto campaign. Coinbase revealed that the US Federal Deposit Insurance Corporation (FDIC) is using tactics to discourage financial institutions from engaging in cryptocurrency-related activities. FDIC: Stay away from cryptocurrencies Coinbase claimed that the Federal…