Odaily News Operation Chokepoint 2.0s reach has expanded from the crypto industry to tech giants like Visa and Mastercard. In a post on X, Balaji Srinivasan, former CTO of Coinbase, shared a screenshot of a letter from U.S. lawmakers to Visa, Mastercard, and Stripe, urging them to withdraw from the Meta-backed Libra project. As previously reported, U.S. Treasury Secretary Janet Yellen was suspected of being involved in killing the Libra project, as revealed by David Marcus, former head of crypto at Meta. Balaji shared an excerpt from a letter from Senators Brian Schatz and Sherrod Brown to several fintech giants, threatening to review Visa and all payment service providers associated with the project. He said that a review of unrelated activities sends a signal to regulators to fabricate violations and impose fines until the target surrenders.
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