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US Banks Accused of Fee Inflation and Banking Restrictions in ‘Operation Chokepoint 3.0’ Crypto Crackdown

Major US financial institutions including JPMorgan face allegations of deliberately inflating transaction fees and restricting banking access for cryptocurrency platforms such as Coinbase and Robinhood. Industry leaders have labeled this coordinated effort ‘Operation Chokepoint 3.0′, alleging banks aim to stifle… Read More »US Banks Accused of Fee Inflation and Banking Restrictions in ‘Operation Chokepoint 3.0’ Crypto Crackdown

Coinbase Challenges FDIC Over Alleged Obstruction of Operation Chokepoint 2.0 Documents

Coinbase has initiated legal proceedings against the Federal Deposit Insurance Corporation (FDIC), accusing the regulator of deliberately obstructing access to critical documents concerning Operation Chokepoint 2.0. This regulatory initiative restricts banking institutions from servicing cryptocurrency-related businesses. The exchange alleges the… Read More »Coinbase Challenges FDIC Over Alleged Obstruction of Operation Chokepoint 2.0 Documents