Trump Org lawsuit promises to unmask deeper debanking crisis: Custodia’s Caitlin Long

Caitlin, the founder of the Banque de la Garde, hopes that a new trial would find more details on the speech under the regime of former president Joe Biden.

Trump organization has heard Capital One Bank for having allegedly closed more than 300 bank accounts in 2021 “without cause” while technological Bigwigs and cryptographic leaders deplored the debanking crisis during previous administrations.

Long’s Custodia Bank and other best crypto voices, such as the partner of Castle Island Ventures Nic Carter, often underlined the Choke Point 2.0 operation, a clandestine effort coordinated by regulators such as the Federal Deposit Insurance Corporation to block digital asset companies.

Silicon Valley companies have denounced similar circumstances, attributing the model to political targeting and a war against certain technological companies.

“The actions taken by Capital One and other major financial institutions represent a dangerous precedent which could threaten the operations of countless companies across the country, in particular those which have a strong and independent voice.”

Eric Trump on the Capital One trial

The Trump Org trial occurs when the technological entrepreneurs and the best plans of Crypto have asked for answers on the gambling. The legislators have held at least one audience on the issue and the president of the Federal Reserve Jerome Powell prompted To help anti-banking effort.

Republican senator Cynthia Lummis of Wyoming threat Federal prosecution against FDIC staff would have destroyed evidence linked to OCP 2.0 and the speaking.

Although the Capital One trial does not seem to be directly linked to cryptography, Long thinks that this decision could shed light on a wider professional fault of American guard dogs.

Until now, requests to debanage the crypto have focused on the institutions regulated by the FDIC and the Fed. The Trump Org trial could widen the scope to include potential bad faith surveillance from the currency controller’s office, supported X in response to the Capital One complaint.