Tyler Winklevoss, co-founder of the crypto exchange Gemini, claimed that JPMorgan Chase halted its onboarding process for Gemini after he criticized the bank’s new fee structure for fintech companies.
Last week, Winklevoss publicly criticized JPMorgan CEO Jamie Dimon after
“This will bankrupt fintechs that help you link your bank accounts to crypto companies,” Winklevoss
JPMorgan didn’t address Gemini directly but defended its decision, telling
By charging fees, the bank says it aims to curb misuse and protect consumers. In a follow-up tweet, Winklevoss said the bank told Gemini it was
JPMorgan had previously offboarded Gemini during so-called Operation Choke Point 2.0, a period during which many crypto firms lost banking access under regulatory scrutiny.
“We will continue to call out this anti-competitive, rent-seeking behavior and immoral attempt to bankrupt fintech and crypto companies,” Winklevoss wrote.
Gemini, which filed