Gary Gensler's text messages from October 18, 2022, to September 6, 2023, have been "lost"That time period just happens to overlap with the FTX blowup and a significant chunk of Operation Chokepoint 2.0 https://t.co/5tZI0wIgjq ...

Industry Trend & Competition - The fintech industry faces a new challenge dubbed "Chokepoint 3.0," where major U S banks are allegedly suppressing competition through high fees, restricted data access, and app blocking [1] - Banks like JPMorgan are reportedly increasing the cost of transferring funds to platforms such as Coinbase and Robinhood, potentially hindering the growth of emerging rivals [1] Regulatory & Legal Landscape - "Operation Chokepoint 2.0" has ended, but concerns remain about the financial industry's practices towards crypto and fintech companies [1]