Ryan Sean Adams (rsa.eth) pfp
Ryan Sean Adams (rsa.eth)
@rsa.eth
I'll add my debanking story. I was debanked by Bank of America in 2019 for sending transactions to coinbase and operating a Cosmos staking as a service company - just a dear john letter, no explanation. Shortly after my 2 person staking company was sent a letter of veiled threats by the SEC with accompanying demands for discovery documents including every email, invoice, contract, and detailed legal explanation for everything i was doing. The legal reply cost mega $$$ - i shut down the staking business after realizing i couldn't fight the U.S. gov alone then got 10x pilled on DeFi and started Bankless. If you tell normies the bank shut down you down and you got a letter from the SEC they assume you're a criminal so you don't tell people. That's the insidious part - they try to isolate you. I’m not saying my debanking story is the most tragic thing ever woe is me. I'm doing fine. What I'm saying is this shouldn't happen in America.
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Jawa pfp
Jawa
@jawa
I am very sympathetic to your story. But I’m also sympathetic to the folks I know personally who’ve lost orders of magnitude more from drainers. I’ve known very few people who’ve been de-banked and a ton who’ve been wrecked on the blockchain.
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