A new House report confirms the Biden Administration's coordinated, extralegal "Operation Chokepoint 2.0" to debank the crypto industry. We review the timeline & confirmed shadow debanking conspiracies
We discuss the bombshell report from the House Committee on Financial Services that confirms the existence of **Operation Chokepoint 2.0**—a coordinated, extralegal effort by the Biden Administration to push the crypto industry out of the US banking system. Review Nic Carter's original exposes, how the "conspiracy" became formal documentation, and the shift from an existential threat to a clearer path for conducting business in the United States. We also discuss the political "reckoning" ahead for the industry's single-issue campaign spending.
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**Notes:**
* House report confirms debanking conspiracy.
* Extralegal effort to cut crypto banking.
* Nick Carter published OCP 2.0 exposes.
* Existential risk to US crypto is not near-term.
* Crypto actively supported Trump's campaign.
* "Single issue PAC" raised biggest money ever.
Timestamps:
00:00 Start
01:25 Chokepoint 1.0
04:08 Regulation as maze
07:14 FDIC letter
11:06 Charlie gets de-banked
13:12 Fed letter SR226
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