bombshell report from the OCC out today confirming what we all suspected:

between 2020 and 2025, based on a review of 100,000 complaints, America’s largest banks systematically denied banking to lawful businesses based on political and reputational considerations rather than objective financial risk, effectively appointing themselves arbiters of which industries deserved access to the financial system. digital assets was specifically named as one of the six most affected industries.

TLDR: we weren't imagining it. OCP2.0 was real.