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You have google where you can easily find the answers, you have plenty of AIs that can easily compile the info for you. Why do you need me to do something so simple for you? Do you actually want to learn about this shit or are just upset that Trump actually did something right for once? Custodia Bank: Founded by Caitlin Long, Custodia was designed as a "bridge" bank for the digital asset industry. It was denied a Federal Reserve master account and membership in the Federal Reserve System. Long has argued this was a result of a coordinated "hit job" by regulators to prevent a compliant link between crypto and the U.S. dollar. Signature Bank & Silvergate Bank: Both were the primary banking rails for the U.S. crypto industry (via their Signet and SEN networks). While both faced liquidity issues during the 2023 banking crisis, many industry experts—including former Congressman Barney Frank—alleged that Signature was seized by regulators despite being solvent to send an "anti-crypto message." Circle (USDC): The issuer of the second-largest stablecoin faced a major crisis when its reserves at Silicon Valley Bank were frozen during the bank's collapse. Proponents of the Chokepoint 2.0 theory argue that regulators intentionally discouraged other banks from taking on Circle’s deposits to "choke" stablecoin liquidity. Dapper Labs: The creators of NBA Top Shot and the Flow blockchain reportedly had several banking relationships terminated or "paused" without specific cause in early 2023, leading to disruptions in their payment processing. Protego Trust & Paxos: Both firms sought national trust charters from the OCC to provide regulated crypto services. Protego's application was ultimately denied after a long "wait-and-see" period, and Paxos faced a high-profile "Wells Notice" from the SEC regarding its BUSD stablecoin, which led to a severing of its relationship with Binance and various banking hurdles. Sam Kazemian (Frax Finance): Reported that his personal accounts at JPMorgan Chase were closed. When he asked for a reason, he was told the bank "cannot do business with anyone whose primary source of wealth is crypto." Jesse Powell (Kraken): The Kraken co-founder has documented numerous instances where both the exchange and its leadership faced sudden account terminations by major "bulge-bracket" banks. Uniswap Labs: Founder Hayden Adams reported that his primary bank accounts were closed with no notice or explanation in 2022. This served as an early warning sign for the industry regarding the "guilt by association" for decentralized protocol developers. Anchorage Digital: In late 2024 and early 2025, reports emerged that Anchorage—a federally chartered crypto bank—was told by partner institutions that accounts would be closed because banks were "not comfortable" with the transactions of their crypto-native clients. Marathon Digital (MARA): CEO Fred Thiel testified before Congress in February 2025 about the extreme difficulty Bitcoin mining firms face in maintaining basic operating accounts for payroll and utilities, despite being a NASDAQ-listed company. Tornado Cash (Roman Storm): Co-founder Roman Storm reported being debanked repeatedly—even as recently as late 2024—while fighting legal charges. He noted he had lost count of how many times he had been "derisked" over the last 2.5 years. Gemini & Winklevoss Capital: Tyler and Cameron Winklevoss stated that they, their venture fund, and their exchange lost "more bank accounts than you can count on two hands" due to their involvement in the sector. Coinbase Employees: CEO Brian Armstrong has documented cases where mid-level employees at Coinbase had their personal checking and savings accounts closed. The justification often given was a vague "risk appetite" change, though it only affected those in the crypto industry. Marc Andreessen’s "Thirty Founders": In a high-profile 2024 interview, venture capitalist Marc Andreessen stated that at least 30 tech founders in the a16z portfolio had been secretly debanked over a four-year period, describing it as a coordinated use of the financial system against "political enemies." Propy Inc. & Natalia Karayaneva: The CEO of Propy (a real estate blockchain firm) reported being debanked twice—once for her company after seven years of handling millions in transactions, and personally in November 2024, shortly after the U.S. election. She described it as humiliating and linked it to broader anti-crypto hostility masked as "reputation risk." Ripple Labs (Brad Garlinghouse): The CEO of Ripple was personally debanked, as detailed in a November 2025 House Financial Services Committee report on Operation Chokepoint 2.0. This was part of a pattern where executives in the sector faced abrupt personal account closures without clear justification. Off the Chain Capital (Brian Estes): In November 2024, the CIO reported that JPMorgan debanked all its crypto clients except Coinbase, including his firm—a blockchain investment company. This left them scrambling for alternatives despite no violations. Strike (Jack Mallers): The CEO of Strike (a Bitcoin Lightning Network payments firm) reported debanking incidents in late 2025, amid broader claims of banks citing "risk management" to avoid crypto ties. This aligned with freezes on other stablecoin-related accounts. BlindPay & Kontigo: These Y Combinator-backed stablecoin startups had accounts frozen by JPMorgan in December 2025. Triggers included chargebacks and activity linked to sanctioned regions like Venezuela, but critics argued it reflected anti-crypto bias rather than pure compliance. CoinFund (Jake Brukhman): The founder and CEO was debanked in 2023-2024 from a 25-year-old personal account due to his involvement in the crypto investment space, which he attributed to Operation Chokepoint 2.0 pressures. Bankless (Ryan Sean Adams): The co-founder was debanked by Bank of America in 2019 for Coinbase transactions and running a Cosmos staking service. This was followed by SEC threats, leading him to shut down the business and pivot to DeFi advocacy. Quit (@0xQuit): A Solidity developer and former VP at Yuga Labs reported multiple debankings from 2013-2016, including account closures by banks, a Venmo ban, and even Coinbase shutting him out, all tied to frequent Bitcoin transactions. Farmington Bank (Moonstone Bank): In August 2023, the Federal Reserve issued an enforcement action against this bank for its stablecoin ventures, including ties to Alameda Research and Sam Bankman-Fried. It was forced to wind down crypto-related operations. Cross River Bank, Customers Bank, & Lead Bank: These fintech and commercial banks were highlighted in 2025 analyses as key targets of regulatory debanking under Operation Chokepoint 2.0. They faced FDIC "pause letters" and deposit caps (e.g., 15% on crypto-related funds), leading to widespread client terminations despite serving mostly B2B crypto firms with no retail exposure. Trump Family Members: A December 2025 House Oversight Committee post referenced debanking of Trump family members alongside crypto companies and tech founders, as part of federal regulators' alleged pressure campaigns without due process. Crypto Asset Management Firms (General): A 2025 House report noted that about two-thirds of crypto-focused asset managers (even those with traditional strategies) struggled with banking access, compared to minimal issues for non-crypto firms. This included denials for basic services like payroll.
do you have a source for this? - SEN. LUMMIS SAYS TRUMP BACKS BITCOIN ACT—BILL TO BUY 1M BTC HITS FLOOR NEXT WEEK - BITCOIN 2025 CONFERENCE
\- Cantor Fitzgerald officially launches $2 BILLION Bitcoin-backed lending with first loans - Bloomberg \- Up to "$200 TRILLION" about to enter Bitcoin from institutional investors in "largest arbitrage of the century" - Adam Back \- SEN. LUMMIS SAYS TRUMP BACKS BITCOIN ACT—BILL TO BUY 1M BTC HITS FLOOR NEXT WEEK - BITCOIN 2025 CONFERENCE \- Fast food giant Steak 'n Shake announced they're saving 50% in processing fees accepting Bitcoin payments. 'Bitcoin is faster than credit cards'
$SEN by Sentio Protocol. Best AI Agent creation network in the space
$SEN AI Agents best in the crypto space
$GPU and $SEN. self explanatory when you research the coins. AI and GPU resource lending/rentals, SEN is used for creating AI Agents
Invest in $SEN. You’re welcome
Node AI $GPU Sentio Protocol AI Agents $SEN
tldr; Silvergate Capital, the parent company of Silvergate Bank, said it had less than $2.5 million deposits between itself and Genesis Global Capital on two separate dates. Silvergate said Genesis is not a custodian for its SEN Leverage loans, which Bitcoin collateralizes. It also said it has “no outstanding loans nor investments in Genesis.” *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Not a chance. Probably weeks or perhaps months to get setup on SEN.
tldr; Silvergate Capital has stated that fewer than $20 million of its total deposits from all digital asset customers as of November 28 were related to BlockFi. BlockFi sought Chapter 11 bankruptcy protection on Monday. Silvergate said BlockFi is not a custodian for its bitcoin-collateralized SEN Leverage loans, which to date have continued to perform as expected. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
It's basically just a confidence statement: "BlockFi is not a custodian for Silvergate’s bitcoin-collateralized SEN Leverage loans, which to date have continued to perform as expected with zero losses and no forced liquidations. Silvergate has no investments in BlockFi," Silvergate said in the statement. Silvergate in the statement saId the bank recently "has been the subject of false and misleading statements," and urged people to go directly to its website for accurate information."
The only problem I see with Paxos is silvergate. Generally speaking U.S. crypto firms really only have two banking relationships: SIlvergate & Signature. SEN Network allows firms to transfer balances between each other. Banking access and these dollar rails are key for these firms. Silvergate has huge exposure in the crypto world especially Binance and the stock is plummeting lately. Not saying that this means any big trouble but it is quite concerning. Always better to be safe than sorry
USDC was heavily connected to FTX. USDC/Circle, FtX, Coinbase, and every other US crypto platform are all connected through Silvergate Bank/SEN network. USDC is playing in the same scam as the rest, with an aire of being legit. They’re all going to pop
>As of September 2022, Silvergate had 1,677 customers using SEN and held around $12 billion worth of customer deposits. That's $7M a customer
silvergate is integrated with most exchanges to allow for 24/7 instant cash settlements on their SEN network. every LP to any retail platform has or had significant exposure to SEN and their puny balance sheet. any responsible retail facing crypto platform moved off SEN in 2021