The Federal Reserve Board has scrapped reputational risk from its oversight of banks, which the crypto industry has said was previously used to target and debank crypto firms.

The Federal Deposit Insurance Corporation (FDIC) is under scrutiny for withholding information about its role in what has been termed Operation Chokepoint 2.0, a crackdown that allegedly led to ...

Operation Chokepoint 2.0 was a nefarious move by the Federal government to target crypto firms or firms affiliated with digital asset businesses by debanking operations. It is very difficult to ...

The hearings mark the start of an inquiry into Operation Chokepoint 2.0, the term widely used to describe the alleged anti-crypto conspiracy, coined by Carter. “Consider what happens when a bank ...

(MENAFN- Crypto Breaking) Operation Choke Point was a controversial initiative by the U.S. Department of Justice that aimed to crack down on illegal activities involving payment processors.

The deep political divisions in the United States were apparent once again during the recent Congressional hearings on Operation Chokepoint 2.0, the alleged top-down initiative by former US ...

The company survived what's known as Operation Chokepoint 2.0 by holding redundant backup accounts to avoid getting into any operational difficulties. Lubin also said he was personally hit during ...

A number of crypto executives said they were unfairly targeted under what many in the industry have labeled “Operation Choke Point 2.0.” The term references a controversial Obama-era ...

Senate leaders commit to probing the FDIC’s role in “Operation Chokepoint 2.0.” Whistleblowers accuse FDIC of targeting crypto firms and suppressing the industry. FDIC officials allegedly ...

Journal Editorial Report: The week's best and worst from Kim Strassel, Allysia Finley and Dan Henninger. Photo: Richard B. Levine/Lev Radin/Zuma Press Others followed with their own debanking ...

So, now we know. Operation Chokepoint 2.0 was real. There really was a co-ordinated federal government effort to de-bank crypto following the collapse of three mid-sized crypto-friendly lenders ...