Weekly Roundup 09/26/24 (Chokepoint 2.0 updates, Gensler’s House hearing, Ellison sentenced) (EP.564)
On The Brink with Castle Island
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Unpacking Operation Chokepoint 2.0
This chapter provides a detailed examination of Operation Chokepoint 2.0, particularly focusing on Silvergate Bank's response to regulatory pressures and its subsequent bankruptcy. It highlights the investigative journalism efforts to bring attention to the bank's challenges and the implications for the broader banking sector, especially related to the cryptocurrency industry. The discussion extends to the political motivations impacting financial regulations and the need for public scrutiny of these practices.
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