**Tech and Crypto Founders Face Banking Challenges Amid "Operation Chokepoint 2.0" Allegations**

Over 30 tech and crypto founders in the US have reportedly been denied banking services, sparking claims of a coordinated effort dubbed "Operation Chokepoint 2.0." Elon Musk highlighted the issue, sharing a podcast clip where Marc Andreessen discussed the debanking of tech startups. Coinbase's Brian Armstrong criticized the alleged actions during the Biden administration, while Frax Finance's Sam Kazemian recounted JPMorgan closing accounts linked to crypto. The collapse of crypto-friendly banks earlier this year fueled these allegations, with critics seeing it as a move against the crypto industry.