On The Brink with Castle Island cover image

David Thompson (Cooper & Kirk) on What Can be Done about Operation Choke Point 2.0 (EP.412)

On The Brink with Castle Island

CHAPTER

The Unconstitutionality of Cryptocurrencies

There are so many provocations, I would say just since the collapse of FTX really, but then in full force since January. You have these cross agency statements saying that cryptos are the risk of the safety and soundness of banks. And we're hearing about industry participants who are losing their bank accounts. It is absolutely stigmatizing. The losing of banking relationship is a basis for bringing one of those claims. But if you're actually put out of business, then that too is a due process violation.

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