Tyler Winklevoss Says JPMorgan Halted Gemini Onboarding Over Public Criticism
Main Idea
Tyler Winklevoss claims JPMorgan halted Gemini's onboarding process after he publicly criticized the bank's new policy on financial data access, calling it anti-competitive and anti-crypto.
Key Points
1. Tyler Winklevoss alleges JPMorgan paused Gemini's re-onboarding after his public criticism of the bank's financial data access policy.
2. The dispute arises as Gemini prepares for a potential IPO, following previous tensions with JPMorgan over banking partnerships.
3. Winklevoss accuses JPMorgan of engaging in anti-competitive behavior and attempting to limit consumer access to fintech and crypto services.
4. Gemini's banking history with JPMorgan has been contentious, including reports of the bank asking Gemini to seek alternative partners in 2023.
5. The Winklevoss twins have political ties to Donald Trump and are involved in a high-profile private club in Washington, D.C., aimed at merging political power and crypto influence.
Description
Gemini co-founder Tyler Winklevoss has claimed that JPMorgan Chase paused the crypto exchange’s onboarding process after he publicly criticized the bank’s new policy on financial data access. Key Takeaways: Tyler Winklevoss claims JPMorgan paused Gemini’s onboarding after he criticized the bank. He accused the bank of anti-competitive behavior and trying to block consumer access to crypto via third-party apps. The dispute surfaces as Gemini prepares for a potential IPO. In a post published Frida...
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