Over 30 tech founders have been unexpectedly cut off from banking services, sparking accusations of a government conspiracy. Marc Andreessen, co-founder of Andreessen Horowitz, claims the Biden administration is behind 'Operation Chokepoint 2.0,' targeting legal businesses. This strategy, reminiscent of an Obama-era program, aims to silence political opponents and disfavored tech startups, particularly in the crypto industry. Andreessen and Tesla CEO Elon Musk have raised concerns about the secretive debanking of tech founders, with Coinbase CEO Brian Armstrong criticizing the Biden administration's actions. The lack of due process and transparency in debanking practices has led to legal challenges, with similar issues reported in the UK and Australia. The controversy surrounding Operation Chokepoint 2.0 highlights the challenges faced by tech startups in accessing essential financial services. Read more AI-generated news on: https://app.chaingpt.org/news