The U.S. government secretly pressured banks to cut off legal businesses it politically opposed -- 'Operation Choke Point' β€” documented evidence
🟒 CONFIRMED

Beginning in 2013, the DOJ and FDIC pressured banks to deny financial services to legal but politically disfavored industries including gun dealers, payday lenders, and later cryptocurrency companies. Banks received 'informal suggestions' to drop clients. A 2.0 version under the Biden administration targeted 30+ crypto firms. Marc Andreessen testified that founders were 'debanked' with no explanation. The FDIC settled lawsuits admitting it had issued improper informal guidance.

The U.S. government secretly pressured banks to cut off legal businesses it politically opposed -- 'Operation Choke Point'

FINΒ·May 1, 2014Β·By Marc AndreessenΒ·3.6K upvotesΒ·156 comments
What They Said Was Crazy
β€œThe government is weaponizing the banking system to financially cut off legal businesses it doesn't like, bypassing due process through backdoor pressure on banks.”
β€” Marc AndreessenMay 1, 2014Source

πŸ“„ The Receipts

Operation Choke Point (Wikipedia)
en.wikipedia.org/wiki/Operation_Choke_Point
ARTICLEOpen
House GOP hears crypto firms on Operation Choke Point 2.0 (Axios)
www.axios.com/2025/02/06/debanking-crypto-operatio...
ARTICLEOpen

βš–οΈ The Record, Side by Side

What they said vs. what the evidence shows

What They Said

No recorded dismissals for this claim.

What Actually Happened
ARTICLE

Operation Choke Point (Wikipedia)

ARTICLE

House GOP hears crypto firms on Operation Choke Point 2.0 (Axios)

⏳ The Vindication Timeline

From β€œcrazy” to confirmed

The Claim Is Made

This is the moment they called it crazy.

Confirmed: They Were Right

The truth comes out. Officially documented.

πŸ“Š How Right We Were

Evidence strength
0/10
Source diversity
3/10
Community consensus100% agree

The People Speak(156)

No one's said anything yet. Be the first to drop your take.

Related Claims

BlackRock/Vanguard #1 investor in 84% of S&P 500 - own competitors β€” documented evidencePARTIALπŸ“Œ Finance & Banking
@Financial CriticsΒ·17h ago

BlackRock/Vanguard #1 investor in 84% of S&P 500 - own competitors

98% PARTIAL

5.9K votes

βšͺPARTIALΒ·0 sources

Dismissed by β€” CNBC

5.9K234ShareSave
Silverstein signed WTC lease with $3.55B terrorism insurance 7 weeks before 9/11 β€” documented evidenceDISPUTEDπŸ“Œ Finance & Banking
@9/11 ResearchersΒ·17h ago

Silverstein signed WTC lease with $3.55B terrorism insurance 7 weeks before 9/11

98% DISPUTED

5.7K votes

🟑DISPUTED·0 sources

Dismissed by β€” Snopes

5.7K198ShareSave
11.5M documents, 12 world leaders exposed - follow-up journalist car-bombed β€” documented evidencePROVEN RIGHTπŸ“Œ Finance & Banking
@Media CriticsΒ·17h ago

11.5M documents, 12 world leaders exposed - follow-up journalist car-bombed

98% CONFIRMED

5.3K votes

🟒CONFIRMED·0 sources
5.3K178ShareSave
Sen. Burr sold $1.7M in stocks after classified COVID briefing while publicly downplaying the virus β€” documented evidencePARTIALπŸ“Œ Finance & Banking
@ProPublica / Congressional WatchdogsΒ·17h ago

Sen. Burr sold $1.7M in stocks after classified COVID briefing while publicly downplaying the virus

98% PARTIAL

5.2K votes

βšͺPARTIALΒ·0 sources

Dismissed by β€” Sen. Burr spokesperson

5.2K167ShareSave
GameStop revealed Wall Street's naked short selling problem -- stocks shorted over 140% of available shares β€” documented evidencePARTIALπŸ“Œ Finance & Banking
@Keith Gill (Roaring Kitty)Β·17h ago

GameStop revealed Wall Street's naked short selling problem -- stocks shorted over 140% of available shares

98% PARTIAL

5.2K votes

βšͺPARTIALΒ·0 sources

Dismissed by β€” Citadel Securities CEO Ken Griffin

5.2K310ShareSave
Members of Congress consistently beat the stock market -- Nancy Pelosi's trades outperformed hedge funds while she shaped tech regulation β€” documented evidencePARTIALπŸ“Œ Finance & Banking
@Unusual Whales / Capitol TradesΒ·17h ago

Members of Congress consistently beat the stock market -- Nancy Pelosi's trades outperformed hedge funds while she shaped tech regulation

98% PARTIAL

5.1K votes

βšͺPARTIALΒ·0 sources

Dismissed by β€” Speaker Nancy Pelosi

5.1K278ShareSave

Explore More