The CEO of Consensys revealed how his business, especially behind the development of Metamask, had to face debancarization. Twice, the accounts of the company were thus closed. Let's see this in detail.
The CEO of Consensys says it has faced debancarization
We notably saw it with the actions of Coinbase against the Federal Deposit Insurance Corporation (FDIC), the banks were vigorously pushed to adopt a policy hostile to cryptocurrencies during the mandate of Joe Biden.
In turn, Joseph Lubin, the co -founder and CEO of Consensys, revealed that The Metamask developer was a victim 2 times the debancarization. In words reported by our colleagues from Coindesk, the interested party thus reveals the underside of what is baptized the shock operation 2.0 by the ecosystem, in reference to the first operation initiated by the Obama administration in 2013 against lenders on lenders on lenders on lenders on lenders on lenders wages and societies selling firearms.
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For example, Joseph Lubin reports that after the victory of Donald Trump, a bank, who had both closed his personal account and that of the company in the past, offered a financial service employee inviting him to a Basketball match.
Even more, the entrepreneur tells how Another bank would also have undergone pressure to close the company's account ::
The bank told us that it suffered a lot of pressure to close our account: a company of $ 7 billion, which has always been an excellent customer for it. Basically, they said, “We love you. We don't want to do that. We will try to delay the process as long as possible and we will let you know if we have to do something. »»
Later, this same bank announced in Consensys that she “couldn't do anything anymoreInforming that it was sorry to have to close the company's account.
According to a source close to the file, the bank in question is Wells Fargo, although this is to be considered with caution.
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While more and more testimonies agree in the sense of a Chockepoint 2.0 operation carried out against the cryptocurrency ecosystem in the United Stateswe may have other similar revelations as languages are offset.
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Source: Coindesk
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