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What happens when your bank dumps you

The Decibel

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Unraveling Debanking: Discrimination and Justice

This chapter details the experiences of a Nigerian entrepreneur in Canada who faced unjust debanking, raising concerns about potential racial discrimination. It highlights the complexities of his legal battle for justice and examines the psychological impact of sudden account termination on individuals. Through personal narratives, the chapter explores the wider implications of debanking on personal freedom, trust in financial institutions, and the struggles of minority entrepreneurs.

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