Crypto Lawyer, XRP Advocate Pushes For ChokePoint 2.0 Investigation
Operation ChokePoint, a government initiative to reduce certain businesses’ access to banking services, is getting renewed attention. The initiative, launched in 2013, aims to restrict traditional banking’s access to the crypto industry. Now, a few crypto personalities are taking action, including blockchain advocate, John Deaton.
In a Twitter/X post, Deaton – an XRP proponent and lawyer – discussed the industry’s struggle and fight against ChokePoint and suggested that he’s willing to volunteer and help lead an investigation into this initiative.
In the lengthy position, Deaton raised the challenges for the crypto industry and warned that it directly attacks the principles of free markets and competition.
