Trump’s lawsuit promises to reveal a deeper silence of stoke: Caitlin Long of Castodia

Caitlin Long, founder of Custodia Bank, hopes the new lawsuit unearthed details of former President Joe Biden’s departure under the administration.

The Trump organization sued Capital One Bank on charges that in 2021, allegedly shutting down more than 300 bank accounts “without reason” after Tech Big Wig and Crypto leaders lamented the removal crisis during previous management.

Other top cryptovoices, such as Long’s Castodia Bank and Nick Carter, a partner at Castle Island Ventures, point to Operation Chokepoint 2.0. This points to coordinated, secret efforts by coordinators to block digital asset companies from banking services by regulators such as federal deposit insurers.

Silicon Valley companies denounced similar situations, attributed patterns to political targeting and war against companies with a high level of specific technology.

“The actions taken by Capital 1 and other major financial institutions represent a dangerous precedent that could threaten the operation of countless companies across the country, especially those with strong, independent voices.”

Eric Trump on Capital One Lawsuit

The Trump organization’s lawsuit comes when tech entrepreneurs and top shots of code seek answers about decutting. Lawmakers have held at least one hearing on the issue, and Federal Reserve Chairman Jerome Powell has pledged to support prevention efforts.

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Wyoming Republican Sen. Cynthia Ramis reportedly threatened federal prosecutions against FDIC staff and destroyed evidence related to OCP 2.0 and escaping.

While Capital One’s lawsuit appears to be not directly cryptolinked, Long believes the move could shed light on wider fraud from US bank watchdogs.

Until now, decomposing cryptographic questions have focused on agencies regulated by the FDIC and the Fed. The Trump organization’s lawsuit may be broadening its scope to include potential malicious surveillance from the currency secretary’s office, and has long argued about X in response to complaints in the capital.

read more: FDIC releases documentation related to cryptographic decanking