How the SEC Uses Banks to Cut Off Your Legal Defense

Description

When the SEC opens an investigation, one of the first moves is sending subpoenas to your banks. Banks often kick out the account holder on receipt. Nader Al-Naji, founder of DESO and BitClout, calls it ‘subpoena sniping.’ He describes being debanked over a dozen times, why the tactic is designed to cut off legal funding, and why the ‘gifts to family’ allegation against him was above board. This clip is from a longer conversation on how the DOJ and SEC cases against Nader Al-Naji were dismissed. Full episode here: https://youtube.com/live/SLzzsAB3OgU We go live every Tuesday and Thursday. Subscribe to catch it live. Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at http://nexo.com/unchained Chapters 🏦 00:00 What it actually feels like to be debanked 💳 00:47 Even Trump had 300 real estate companies debanked 🎯 01:18 Why regulators target your bank accounts first 📬 02:49 The check you cannot cash because you have no bank ⏸️ 03:35 The day both of his backup banks closed at once 👪 04:46 Why his lawyer said the ‘gifts to family’ were fine _______________________________________________________ #bitcoin #ethereum #crypto #cryptocurrencies ++++++++++++++++++++++++++++++++++++++++++++++++ Subscribe to our channel! Website → https://unchainedcrypto.com Unchained Daily Newsletter (FREE!)→ https://unchainedcrypto.beehiiv.com/subscribe/ Unchained X → https://x.com/unchained_pod Apple → https://podcasts.apple.com/us/podcast/id1123922160?ls=1 Spotify → https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w RSS Feed → https://feeds.megaphone.fm/LSHML4761942757 Unchained: Your no-hype resource for all things crypto!