Operation Chokepoint 2.0 saw banking regulators pressure banks to close accounts for legal crypto businesses. Signature Bank and Silvergate — the two most crypto-friendly banks — were shut down in 2023 under controversial circumstances. Meanwhile, BlackRock's Bitcoin ETF was approved and accumulated $86B. The SEC sued Coinbase and Binance while allowing JPMorgan and Goldman Sachs to launch crypto custody services. Former CFTC chair Chris Giancarlo admitted the 2017-18 Bitcoin futures were launched specifically to 'pop the bubble.' Senator Cynthia Lummis alleged FDIC directed banks to 'debank' crypto companies.
Crypto regulations are designed to protect the banking monopoly, not consumers — regulators blocked crypto-friendly banks while approving bank-owned crypto products
“They shut down the crypto banks, sued the exchanges, then approved Wall Street's version. This isn't regulation — it's elimination of competition.”
📄 The Receipts
⚖️ The Record, Side by Side
What they said vs. what the evidence shows
⏳ The Vindication Timeline
From “crazy” to confirmed
The Claim Is Made
This is the moment they called it crazy.
📊 How Right We Were
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