David Sacks, recently appointed by Donald Trump as the crypto czar, is addressing increasing concerns about the controversial Operation Choke Point 2.0. This initiative is seen as an effort to undermine the cryptocurrency sector by restricting its access to necessary liquidity.
The topic gained significant mainstream attention after leading crypto exchange, Coinbase, released documents dubbed as "pause letters". These documents reveal the alleged involvement of the Federal Deposit Insurance Corporation (FDIC) in this operation.
By bringing this issue to light, Sacks is poised to investigate the actual impact and implications of Operation Choke Point 2.0 on the growing cryptocurrency industry, striving to ensure fair access to financial infrastructure.
