Well, folks, it looks like the Senate Banking Committee is about to get a whole lot more interesting because Paul Grewal, the Chief Legal Officer (CLO) of Coinbase, is saddling up to testify in the hotly anticipated Operation Chokepoint 2.0 hearing. 🎙️ And guess what? It’s going down later this week! 🗓️
Who’s Ready to Rumble? The Chokepoint 2.0 Witness List!
Get ready for a legislative showdown because not only is the House joining the party, but they’re also bringing the Senate along for the ride. That’s right, double the fun, double the drama! 🎭 Our main man Paul, alongside MARA Holdings CEO Fred Thiel, is ready to spill the tea on the crypto crackdown. ☕️
Also jumping into the ring, we’ve got WSPN CEO Austin Campbell and Fred “The Man” Thiel for the House Financial Services Committee hearing. And just when you thought the lineup couldn’t get any star-studded, the Senate Banking GOP hearing is bringing in the big guns with Nathan McCauley from Anchorage Digital, Stephen Gannon from Davis Wright Tremaine LLP, Mike Ring from Old Glory Bank, and Aaron (with 3 As, because why not?) Klein from the Brookings Institution. 🌟
Coinbase’s CLO is gearing up to expose the “oversight hearing looking into the past clandestine and undemocratic campaign to cut off crypto from banking.” Sounds like a spy movie, but with more suits and less action. 🕵️♂️
Coinbase CLO & Crypto Bigwigs: The Testimony Tour
Coinbase and Anchorage Digital have been through the wringer, thanks to Operation Chokepoint 2.0. Over the past few weeks, they’ve unearthed some juicy letters from the US FDIC that show just how deep the rabbit hole goes. 🕳️ And who’s leading the charge? Paul Grewal, that’s who, with a legal team that’s been fighting tooth and nail to get these unredacted files. 🛠️
Anchorage Digital, always the bridesmaid, never the bride, has also felt the squeeze as a major player in the crypto financial services game. And with whispers of a crackdown in the Bitcoin mining sector, Fred Thiel is ready to drop some knowledge bombs at the hearing. 💣
Operation Chokepoint 2.0: The Trump Card
Remember when President Donald Trump promised to end the war on crypto? Well, buckle up, because it’s time for the appointed Crypto and AI Czar Davids Sacks to put on his detective hat and get to the bottom of these Chokepoint shenanigans. 🕵️♂️ And let’s not forget Rep French Hill, who’s been talking a big game about investigating these claims since December. Looks like the crypto crowd might actually have something to cheer about. 🎉
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2025-02-04 05:10