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Reading: Choke Point 2.0 scandal behind the scenes! Did they want to drown the crypto money market?
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EdaFace Newsfeed > Latest News > Crypto News > Choke Point 2.0 scandal behind the scenes! Did they want to drown the crypto money market?
Crypto News

Choke Point 2.0 scandal behind the scenes! Did they want to drown the crypto money market?

vitalclick
Last updated: January 27, 2025 3:26 pm
1 day ago
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Contents
Background of allegationsOpinions of sector leadersThe Committee’s Research Purpose

The Audit and Government Reform Committee of the United States of the United States began to investigate the allegations that the accounts of important players in the crypto industry were closed.

Background of allegations

Committee, Uniswap Labs CEO Hayden Adams, Andrereessen Horowitz Partner Marc Andreessen, Coinbase CEO Brian Armstrong, Lightspark Founding Partner David Marcus, Kraken CEO Dave Ripley and Blockchain Association CEO in a letter sent to Kristin Smith He said he wanted to ensure that his citizens can participate in the US markets without worrying about negative effects that may arise from financial institutions or regulators.

Opinions of sector leaders

In an interview in 2024, Marc Andreessen said in the last four years that more than 30 founders’ banks have been closed by their banks as a result of political targeting.

“Warren and the Genses tried to destroy our industry illegally, and this was an important factor in the loss of the elections of the Democrats. The Democratic Party should understand that Warren is a weakness and if there is a hope of restructuring, they should take themselves away from it… ”

Coinbase CEO Brian Armstrong supported these allegations, said unethical and non -American practices took place during the Biden administration and Elizabeth Warren was effective in this process.

“These events that took place under the direction of Biden were one of the most unethical and non -American things I could confirm. In my opinion, Elizabeth Warren’s signature is located all over these events (Biden probably didn’t know it). ”

Jesse Powell, the founding partner of Kraken, said that the Choke Point 2.0 operation has been aiming to prevent the crypto industry for the last four years.

“The federal accounts of new banks, perceived as crypto -friendly, were illegally rejected. The current crypto -friendly banks were eliminated by summary proceedings. That’s why bitcoin $99,231.3 We use it. “

The Committee is investigating the application of accounts for individuals and organizations due to activities in certain sectors such as political views or crypto and blockhzincir. He plans to discuss with the relevant parties to understand the effects of these applications on business operations.

The Committee’s Research Purpose

The Committee aims to examine the experiences of individuals and organizations in the crypto industry and the effects of Debanking practices in order to enable American citizens to participate in the US markets without worrying about negative effects that may arise from financial institutions.

The claims of the leaders in the crypto sector have revealed serious concerns that financial institutions targeting crypto -related companies for political and sectoral reasons. This requires an important assessment in terms of shaping the future of the crypto market and the regulatory environment.



Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.

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