Operation Choke Point 2.0: How the Feds Are Waging War on Crypto to Tighten Their Grip on Your Freedom

EDITOR'S NOTES

The war on your money is here. Operation Choke Point 2.0 is the latest weapon in the federal arsenal to silence dissent, crush innovation, and strip Americans of their financial independence. What started under Obama is now reborn under Biden, targeting industries deemed “undesirable” by the elites. First, it was gun dealers and payday lenders. Now, it’s the crypto industry.

This isn’t about protecting you—it’s about controlling you. The elites are leveraging banks as foot soldiers in their war against freedom. They want to debank their enemies without due process, appeal, or oversight. This assault on liberty is another step toward a cashless society and the complete surveillance of your financial life.

Sam Clemons Dec 27, 24

The federal government’s obsession with control has entered a dangerous new phase. Enter Operation Choke Point 2.0, a stealthy, unconstitutional initiative designed to push legal industries out of existence by cutting off their access to the banking system.

The first Operation Choke Point emerged in 2013, courtesy of Obama’s Department of Justice. It aimed to isolate businesses that bureaucrats found politically incorrect, from gun dealers to payday lenders. No trials. No oversight. Just raw power. President Trump ended it in 2017, but like a bad penny, it's back—and now it's targeting cryptocurrencies, the very technology threatening the government’s financial monopoly.

The Fed’s Secret War Against Crypto

In 2022, the Federal Deposit Insurance Corporation (FDIC) began sending ominous letters to banks, warning them to "pause all crypto-related activity." What does that mean in plain English? Stop supporting crypto businesses, or face the consequences.

This is a coordinated attack. The Department of Justice, the Consumer Financial Protection Bureau, and the FDIC are all working together. Their goal? To destroy industries they can’t control—starting with crypto, the last bastion of financial freedom in America.

Senator Cynthia Lummis (R-WY) didn’t mince words when she called this out for what it is: regulatory abuse. She vowed that President-elect Trump would end this madness once and for all.

The Same Cast of Characters

As with all deep-state operations, the players in this scheme are no strangers to weaponizing the system. Take Michael Eakes, founder of the Center for Responsible Lending (CRL) and Self-Help Credit Union. He’s a veteran in the war against small businesses and was an inaugural member of the FDIC’s Advisory Committee on Economic Inclusion.

Then there’s Michael Calhoun, president of CRL and another former employee of Self-Help Credit Union. Together, they’ve championed an agenda that uses banks as tools of oppression, stifling businesses and innovation under the guise of “responsibility.”

No Accountability, No Appeal

Venture capitalist Marc Andreessen nailed it when he described debanking as “a privatized sanctions regime.” He told Joe Rogan, “There’s no rules, no courts, no appeals.” If the government decides you’re on their blacklist, good luck. Your bank account is gone, your business is dead, and your recourse is nonexistent.

A lawsuit filed by Coinbase revealed letters from the FDIC in 2022 and 2023 urging financial institutions to cut off crypto businesses. This is a blatant attempt to sidestep constitutional limits and impose political control on an industry they can’t regulate outright.

Former FDIC Chairman William Isaac sounded the alarm, calling Operation Choke Point “one of the most dangerous programs I’ve seen in 45 years.” That’s saying something.

The Bigger Picture: A Cashless, Controlled Society

Don’t be fooled. This isn’t just about crypto. It’s about the elites’ vision for your future: a cashless society where every dollar you spend is tracked, every transaction you make is monitored, and every dissenting voice is silenced.

This is the natural progression of government overreach: First, they target the industries they don’t like. Next, they outlaw cash entirely. Finally, they roll out their central bank digital currency (CBDC)—a tool of total surveillance and control.

We’ve seen this playbook before. The question is, will patriots rise up to stop it?

Take Action Before It’s Too Late

The time to act is now. Download my free guide, “Seven Steps to Protect Yourself from Bank Failure,” to safeguard your finances before the government comes for your wallet: Click Here.

And if you’re ready to join the fight against the corrupt banking elite, subscribe to my Inner Circle at the special discounted rate of $19.95/month: Join Here.

America’s freedom is under attack. Let’s fight back.