Some US government agencies continue to deny transparency regarding their role in Operation Chokepoint 2.0, a period during the Biden administration when crypto and tech founders were allegedly denied banking services, according to Coinbase chief legal officer Paul Grewal

Operation Chokepoint 2.0 refers to an alleged initiative during the Biden administration where federal regulators, including the Federal Deposit Insurance Corporation (FDIC), purportedly pressured banks to sever ties with cryptocurrency firms effectively denying them access to traditional banking services