John Deaton, widely known for supporting XRP and advocating for the crypto industry, is stepping up to lead an investigation into "Operation Choke Point 2.0." This controversial initiative is believed to limit cryptocurrency firms’ access to traditional banking services. Deaton shared his plan via a post on X (formerly Twitter) on January 4.
He highlights the importance of the ongoing Ripple SEC case, considering it essential for the future of cryptocurrency regulation. By focusing on these issues, Deaton underscores the need for transparent and fair treatment in the industry.