

The Next FTX-Level Disaster Is Already Brewing… On WALL STREET | Caitlin Long
9 snips Feb 23, 2025
Caitlin Long, CEO of Custodia Bank and a key figure in crypto banking, dives into the chilling reality of Operation Chokepoint 2.0. She reveals how the crypto sector faced systematic debanking and discusses the political maneuvers influencing regulation. Long shares insights from her discussions with Fed leaders and critiques recent congressional hearings. With a focus on the evolving crypto landscape, she explores challenges and innovative solutions in banking, as well as the future of Bitcoin-friendly policies in a rapidly changing environment.
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Operation Chokepoint 2.0 Exposed
- Operation Chokepoint 2.0, the systematic debanking of the crypto industry, is now publicly acknowledged.
- Jerome Powell admits its reality, impacting Caitlin Long and Custodia Bank.
Powell's Testimony
- Caitlin Long witnessed Jerome Powell's testimony, where he admitted the existence of Operation Chokepoint 2.0.
- Powell appeared uncomfortable and seemed to blame the situation on Biden appointee Michael Barr.
The Fed as Trump's Dresden
- Caitlin Long theorizes that the Fed is "Trump's Dresden," suggesting Trump will use the Fed's failures to restructure it.
- This restructuring might involve bringing independent regulatory agencies under the Treasury Department.