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
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