PANews reported on February 7 that according to CoinDesk, Joseph Lubin, CEO of Ethereum software company ConsenSys, said that the company had been twice cut off from the financial system by US authorities and was a victim of "Operation Chokepoint 2.0". In the latest incident, a large US bank (reportedly Wells Fargo) finally closed the ConsenSys account after pressure from regulators. Lubin revealed that the bank initially tried to delay execution and expressed support for ConsenSys, but ultimately could not withstand the pressure. In addition, Lubin himself was also targeted in this liquidation operation.