Caitlin Long Reveals FED's Role in $8.6 Trillion Crypto Bank Crackdown

Caitlin Long has revealed that Custodia Bank was denied a Federal Reserve Master account due to its association with Bitcoin. This denial is part of a broader government initiative known as Operation Chokepoint 2.0, which aims to crack down on crypto banks. The Federal Reserve's actions have been linked to the collapse of Silvergate Bank. Nic Carter's investigative reporting has shed light on this initiative, highlighting the government's overreach and its impact on the crypto industry. The crackdown has affected several banks, including Silvergate, Signature, Protego, and Paxos, while Custodia Bank continues to fight against these measures. Additionally, banks have been caught buying Bitcoin worth $8.6 trillion.