For years, the crypto industry claimed there was a coordinated extra legal effort to cut

crypto off from the banking system. The media called it a conspiracy. We now call it Operation

Choke Point 2.0. A new report from the House Committee on Financial Services confirms many

of those things we in crypto already knew.

There was, in fact, a conspiracy to debank us.

We're going to explain it.

The first time we heard this phrase Operation Showpoint 2.0 was what like 2023, I think, when Nick Carter published some exposés on this.

And a lot of it was like conversations he'd been having with some of their LP with some of their clients and investment companies.

And the thing is like, when he published this, everyone in our industry was like,

oh, yeah, this makes sense.

This has been happening.

There has been debanking.

We couldn't really point to why.

But basically, every few months, like new drips come out and confirm this.

And this is kind of, I would say, like the capstone report, Colin is like, this is a is a formal report again kind of from like a

gop driven committee but this is an actual real report with like the formal documentation of what

is what is a what I would call a conspiracy it's Operation Choak. 2 2.0. So I ask you, Colin, what was

1.0? Operation Choke Point 1.0 was an Obama era mandate where the Obama administration's

agencies sought to systematically sever certain industries and businesses from the banking system.

The ones that were targeted were coin dealers, ammunitions, and guns,

brokers, and dealers. I believe the marijuana industry and some of the adult entertainment

industry, people in those industries were also targeted. And it seems like Showpoint 2.0 was kind of

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