According to BlockBeats, Ripple's Chief Legal Officer Stuart Alderoty revealed on social media the U.S. regulators' 'Operation Chokepoint 2.0' actions.
He pointed out that since 2021, institutions like the Federal Reserve, FDIC, and OCC have pressured the crypto industry through banking regulatory policies, similar to the tactics used in 2012 against specific industries. Alderoty stated that the regulators' claim of 'not preventing banks from serving crypto customers' actually implies 'don't even think about it.'
Previously, a16z co-founder Marc Andreessen disclosed on a program that at least 30 tech founders have had their bank accounts 'cut off' due to their involvement with digital currencies.