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bitwizeyesterday at 1:55 AM0 repliesview on HN

It could be a holdover from Operation Choke Point, an Obama-administration arm-twisting initiative that would subject banks to more regulatory scrutiny and possible disciplinary action if they did business with certain "high-risk businesses" including firearm and pornography sellers. Ostensibly the initiative was ended in 2017, but banks are probably still afraid to be handed the black spot for doing business with the "wrong" sorts of people.