ConsenSys has been hit twice by 'blocking actions', CEO says bank has worked hard to withstand pressure
According to CoinDesk, Joseph Lubin, CEO of ConsenSys, an Ethereum software company, stated that the company has been twice targeted by US authorities for attempting to cut off access to the financial system, and is a victim of Operation Chokepoint 2.0. In the latest incident, a large American bank (reportedly Wells Fargo) ultimately closed its ConsenSys account after being pressured by regulatory authorities. Lubin revealed that the bank initially attempted to delay execution and expressed support for ConsenSys, but ultimately could not withstand the pressure. In addition, Lubin himself has also been targeted in this liquidation operation.