June 24, 2025

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Fed cuts ‘reputational risk’ scrutiny used to ‘assassinate’ crypto firms

1 min read
Fed cuts ‘reputational risk’ scrutiny used to ‘assassinate’ crypto firms

Fed cuts ‘reputational risk’ scrutiny used to ‘assassinate’ crypto firms

Under Operation Chokepoint 2.0, more than 30 technology and crypto companies were denied banking services in the US after the collapse of crypto-friendly banks in 2023.