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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EulerLagrange.eth pfp
EulerLagrange.eth
@eulerlagrange.eth
Got any emails from someone at the SEC or Bank? We can make a verifiable nft of this travesty. We should reenact the Boston tea party
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Roberto Bayardo 🎩 pfp
Roberto Bayardo 🎩
@bayardo.eth
I've had enough of these scammy too-big-to-fail banks like BofA. They also refused to let me open an account without explanation.
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Veinoflogic pfp
Veinoflogic
@veinoflogic
It's way more common than most folks realize. The hiarchy of "trust" from central banking, governments, private banks to Venmo like apps is a travesty of justice. We don't fight them, "we make them obsolete". Credit to Andreas Antanopolous for the last quote.
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Augustvscaesar.eth pfp
Augustvscaesar.eth
@augustuscaesar
Several times I’ve been debanked for buying ether. Just yesterday I couldn’t get gas because my last Coinbase txn was “too large.”
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sgt_slaughtermelon🎩 pfp
sgt_slaughtermelon🎩
@sgt-sl8termelon
I think maybe wielding the expense of using the legal system as a threat is anti-American. Are there public defenders for this kind of thing tho?
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Darryl Yeo 🛠️ pfp
Darryl Yeo 🛠️
@darrylyeo
Atrocious.
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Dean Pierce 👨‍💻🌎🌍 pfp
Dean Pierce 👨‍💻🌎🌍
@deanpierce.eth
In 2011 I started btcnow.net, which I'm pretty sure was the first website ever that let people just buy bitcoins and they'd get sent automatically a few seconds later. Zero eyes on profitability or business viability, I ran it as a hobby just purely to get bitcoins in the the hands of as many people as possible, and definitely succeed in that goal. The amount of bank and payment processor fuckery I experienced between 2011 and 2014 when I shut down convinced me that legacy finance would need some massive disruption, and it would take more than just me to do it. Very proud of what the community has accomplished since then.
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Mkkstacks pfp
Mkkstacks
@mkkstacks
Shouldn't happen to anyone anywhere. Sorry you had to go through this. I'm so bullish on defi and can't wait for the masses to buy in and leverage the tech. It'll be a gamechanger in unimaginable ways. I'm glad to have a front row seat to watch it happen.
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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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Kosiris 🎩🔮🍖🧀 pfp
Kosiris 🎩🔮🍖🧀
@kosiris
This is a crazy story and I can’t believe happened. 😳
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nomash 🍪 pfp
nomash 🍪
@nomash
Sounds like something a criminal would say
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leoclark.⌐◨-◨ ᖽ🎩 pfp
leoclark.⌐◨-◨ ᖽ🎩
@leoclark.eth
🙏
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