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Home»Regulation»House Oversight Committee to investigate accusations of ‘Debanking’ from the crypto industry
House Oversight Committee to investigate accusations of 'Debanking' from the crypto industry
Regulation

House Oversight Committee to investigate accusations of ‘Debanking’ from the crypto industry

2025-01-26No Comments2 Mins Read
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The Huis Committee for Supervision and Government Reform of the United States is launching a probe for accusations that American banks were prominent members of the Crypto-Industry De-Bancour.

In een brief gericht aan UniSwap Labs CEO Hayden Adams, Andreessen Horowitz-partner Marc Andreessen, Coinbase CEO Brian Armstrong, Lightspark mede-oprichter David Marcus, Kraken CEO Dave Ripley en Blockchain Association CEO Kristin Smith, de commissie zegt dat het wil zeggen dat Amerikanen can participate in the American markets without worrying about possible recoil from financial institutions or supervisors.

“The Commission for Supervision and Reform of the Government is investigating incorrect debt of individuals and entities on the basis of political positions or involvement in certain industries such as cryptocurrency and blockchain. The committee is interested in dealing with private individuals and entities who have been removed by their financial institutions with regard to their experience and the impact of Debanking on their business activities. “

In an interview from 2024 with Joe Rogan, Marc Andreessen said that more than 30 founders had been bullied in the last four years after they were politically the target.

Armstrong of Coinbase supported the claim and said:

“Warren and Gensler tried to kill our entire industry illegally, and it was an important factor that the Democrats lost the elections. The Democratic Party should realize that Warren is an obligation and felt further if they want to have some hope to rebuild …

Can confirm that this is true. It was one of the most unethical and non-American things that took place in the Biden administration, and my gamble is that we will find the fingerprints of Elizabeth Warren everywhere (Biden itself was probably not aware). “

Kraken co-founder Jesse Powell also said that Choke Point 2.0, or the operation aimed at suppressing the crypto industry, has been in force for the past four years.

See also  Bitcoin Miner Riot tells Texas Congress State Bitcoin Reserve that is needed to 'prepare for future decline'

“Fed-Masters accounts for new banks that are considered crypto-friendly have been refused illegally. Existing crypto-friendly banks have been killed extrajudicially. That is why we are Bitcoin. “

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