@taskmaster4450le's thread

Wrote the author: “Do banks really de-bank their customers? Sometimes — if customers are engaged in questionable or unusual behavior that’s not consistent with ‘safety and soundness.’ That’s always been the case.” A law professor is quoted as saying Choke Point 2.0 “is more myth than reality.”

The New York Times characterized the crypto sector as a “freewheeling industry that has been accused of scams and fraud” in the wake of the Andreessen interview, concluding (somewhat irrelevantly) that “[it’s] unclear if any [crypto] executives’ financial accounts were closed — and if they were, whether those actions happened because of legitimate regulatory concerns.”