🧵 1. US banking giant and UK banks under investigation for allegedly closing accounts based on political views, violating customers' rights. #finance
🧵 1. US banking giant and UK banks under investigation for allegedly closing accounts based on political views, violating customers' rights. #finance
🧵 2. The investigation focuses on suspicious account suspensions and terminations, including closures linked to political party Reform UK and UKIP leader Nigel Farage.
🧵 3. Reform UK leader Richard Tice and reverend Richard Fothergill among those affected, with accounts closed due to political beliefs or inquiries about bank's stance on trans rights.
🧵 4. Andrew Griffith, Economic Secretary to Treasury, summons bank executives to address treatment of clients expressing controversial political views.
🧵 5. Government emphasizes that banks should not terminate accounts based on lawful freedom of expression, vows to protect this fundamental right.
🧵 Read more at: https://dailyhodl.com/2023/07/29/us-banking-giant-accused-of-abruptly-closing-accounts-violating-customers-rights-as-financial-oversight-investigation-begins-report/
government inspired no doubt. This has been going on a long time here in USA. I doubt anything happens unfortunately. But a good example of why we need decentralized crypto!