PANews, January 5 news, according to Cointelegraph report, former U.S. prosecutor and cryptocurrency advocate John Deaton has advised the incoming Trump administration to investigate "Operation Choke Point 2.0" - an unverified initiative allegedly aimed at excluding cryptocurrency companies from the traditional banking system.
John Deaton, in a post sent to Trump, Vice President J.D. Vance, and Musk and Vivek Ramaswamy, stated: "If these actions go unchallenged, it will set a dangerous precedent where regulators can quietly suppress entire industries they dislike, stifling innovation, competition, and economic opportunity." "This is not just a fight for cryptocurrencies, but a fight against the erosion of institutional integrity and the unchecked power of unelected bureaucrats."