PANews January 5 news, according to Cointelegraph, former U.S. prosecutor and cryptocurrency advocate John Deaton suggested that the incoming Trump administration investigate 'Operation Chokepoint 2.0' — an unverified initiative allegedly aimed at excluding cryptocurrency companies from the traditional banking system.
In a post sent to Trump, Vice President J.D. Vance, and Musk and Vivek Ramaswamy, John Deaton stated: 'If these actions go unchallenged, it will set a dangerous precedent where regulators can quietly suppress entire industries they dislike, stifling innovation, competition, and economic opportunity.' 'This is not just a fight for cryptocurrency; it is a fight against the erosion of institutional integrity and the unchecked power of unelected bureaucrats.'