Winklevoss Calls Out JPMorgan as Crypto Access and Open Banking Clash Intensifies

Key Points

1. Tyler Winklevoss alleges JPMorgan is pausing Gemini's re-onboarding as a customer due to his public criticism, calling it retaliatory behavior.

2. JPMorgan has been accused of treating user data as a revenue stream, with critics arguing this practice restricts financial freedom and innovation.

3. Winklevoss claims JPMorgan's actions are part of a broader pattern of anti-competitive behavior aimed at stifling fintech and crypto companies.

4. The conflict highlights tensions between traditional banks and crypto platforms, with some users asserting banks resist open banking to maintain control over financial systems.

5. The situation is framed as contradictory to efforts, such as those by former President Trump, to position the U.S. as a global leader in cryptocurrency.