Operation Chokepoint: Bitcoin Advocates Discuss US Government’s Alleged Mission to Eliminate Crypto Access - Since the collapse of three American banks friendly to cryptocurrency businesses a... - https://news.bitcoin.com/operation-chokepoint-bitcoin-advocates-discuss-us-governments-alleged-mission-to-eliminate-crypto-access/ #digitalcurrencyprojects #bidenadministration #operationchokepoint #anti-cryptomessage #enforcementactions #siliconvalleybank #balajisrinivasan #riskyinvestments
#riskyinvestments #balajisrinivasan #siliconvalleybank #enforcementactions #anti #operationchokepoint #bidenadministration #digitalcurrencyprojects
#Surveillance Capitalism’s #taxpayer funded #RiskyBusiness: federal #regulators gave #SVB a #SpecialExemption from rules designed to prevent deposit-taking #banks from engaging in #RiskyInvestments and #FinancialSpeculation, a precursor to regulators later extending a similar exemption to the entire #BankingIndustry!!!
https://open.substack.com/pub/rssg7c7gxlbkmwwwdailypostercom/p/6410fa70cefd82003df98d29-b2e6ea4f
#surveillance #taxpayer #RiskyBusiness #regulators #svb #specialexemption #banks #riskyinvestments #financialspeculation #bankingindustry
What Katie Porter rightly had to say about the #SVB debacle on the birdsite:
"The collapse of Silicon Valley Bank was totally avoidable. In 2018, Wall Street pushed a deregulation bill that allowed banks like SVB to take reckless risks. It passed, even as I and many others warned of the risks. I am writing legislation to reverse that law."
Between 2015 & 2018 (passage of "GOP's" rollback legislation) SVB spent more than $500,000 to lobby/ bribe/ coerce Members of Congress to implement the deregulation that let SVB fuck up its own business.
#SiliconValleyBank #SVB #RiskyInvestments #DoddFrank #GOPSabotage #TrumpCorruption #IncompetentGOP #Corruption #AmericaDeservesBetter #Democracy #WeCanDoThis
https://www.commondreams.org/news/trump-era-deregulation-deemed-a-key-culprit-in-failure-of-silicon-valley-bank
#svb #siliconvalleybank #riskyinvestments #doddfrank #gopsabotage #trumpcorruption #incompetentgop #corruption #americadeservesbetter #democracy #wecandothis
New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud - On Jan. 5, 2023, the state of New York and attorney general Letitia James filed a ... - https://news.bitcoin.com/new-york-attorney-general-sues-celsius-co-founder-alex-mashinsky-for-crypto-fraud/ #celsiusbankruptcy #riskyinvestments #attorneygeneral #falsestatements #cryptocurrency #newyorklawsuit #alexmashinsky #financialruin #letitiajames #newyorkers #defrauded #investors #celsius #lawsuit #newyork #news
#news #newyork #lawsuit #celsius #investors #defrauded #newyorkers #letitiajames #financialruin #alexmashinsky #newyorklawsuit #cryptocurrency #falsestatements #attorneygeneral #riskyinvestments #celsiusbankruptcy