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CoinDesk - by layer3.news
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2025-02-07 10:44:02
in reply to nevent1q…wsg8

ConsenSys Twice Hit by Operation Chokepoint, CEO Lubin Credits Bank for Fighting Back


CoinDesk (nprofile…nhef)
✍️ Consensys, an Ethereum software developer, has faced attempts by US authorities to exclude it from the financial system, despite efforts by its bank to resist pressure.
👉 Consensys has faced attempts by US authorities to exclude it from the financial system
👉 The company's bank received pressure to close its account, but resisted initially
👉 The bank eventually caved in and closed the account
👉 Consensys' CEO, Joe Lubin, shared his personal experience of having his account closed by a previous bank

#JoeLubin #MarcAndreessen #BradGarlinghouse #technology
CoinDesk (nprofile…nhef)

The MetaMask creator survived by having redundant backup accounts, said Lubin, who was also personally targeted.
https://www.coindesk.com/business/2025/02/07/consensys-twice-hit-by-operation-chokepoint-ceo-lubin-credits-bank-for-fighting-back

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