According to BlockBeats, Ripple's Chief Legal Officer Stuart Alderoty revealed on social media the actions of U.S. regulators in 'Operation Chokepoint 2.0'.
He pointed out that since 2021, agencies like the Federal Reserve, FDIC, and OCC have pressured the crypto industry through bank regulatory policies, similar to tactics used against specific industries in 2012. 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 involvement in digital currencies.