Frax Finance was allegedly among the crypto companies targeted by the debanking effort, according to the platform’s founder.
More than 30 technology and cryptocurrency founders in the United States have reportedly been denied access to banking services in what some insiders describe as an orchestrated effort dubbed “Operation Chokepoint 2.0.”
“Did you know that 30 tech founders were secretly debanked,” asked Tesla founder and billionaire Elon Musk in a Nov. 27 X post.
In the post, Musk shared a clip of Andreessen Horowitz co-founder Marc Andreessen discussing the issue on the Joe Rogan Experience podcast. In the clip, Andreessen claims:
