Chokepoint 2.0 Confirmed. The banking Crisis, It Was All About Collapsing Crypto

Chokehold 2.0 turns out to be true as crypto remains targeted by big bank and the smaller banks struggle for survival.

Project choke point 1.0:

Operation Choke Point was an initiative of the United States Department of Justice beginning in 2013 which investigated banks in the United States and the business they did with firearm dealers, payday lenders, and other companies believed to be at a high risk for fraud and money laundering.0 Newly unsealed FDIC documents show that Choke Point consisted bureaucrats in several independent federal agencies taking it upon themselves to shut legal businesses – such as payday lenders and firearms dealers – out of the banking system.1 This program has officially ended with DOJ repudiating it as “misguided”.

Project choke point 2.0:

Operation Choke Point 2.0 — the Biden Administration’s highly coordinated plan with regulators to strangle the crypto industry by cutting ties …

February 9, 2023 - Beginning in 2013, Choke Point was a scheme which sought to marginalize specific industries operating legally — not through lawmaking, but by applying pressure via the banking sector. The Obama DoJ had already cut its teeth with its successful effort to sideline the online poker space in 2011 and 2012 with threats issued to banks supporting poker companies.

Source:

Kim Iversen

https://youtu.be/DsKMiaofgl8