Gemini Co-Founder: "JPMorgan Halts Gemini Account Reactivation After Criticism...A Retaliatory Move"
Suehyeon Lee
Summary
- Tyler Winklevoss, Gemini co-founder, claimed that JPMorgan’s suspension of Gemini's onboarding (account reactivation) was a retaliatory move.
- Winklevoss stated that following his criticism of JPMorgan’s customer data access fee policy, he received a notice of onboarding suspension.
- He also mentioned that in the past, Gemini was offboarded during Operation ChokePoint 2.0 for similar reasons.
Gemini co-founder Tyler Winklevoss claimed that JPMorgan's suspension of Gemini's onboarding (account reactivation) was a retaliatory action.
According to Bloomberg on the 26th (local time), Winklevoss said, "After criticizing JPMorgan's new policy to charge fintech companies for customer data access, JPMorgan notified us that they would halt our customer onboarding."
He also stated, "In the past, Gemini was offboarded by JPMorgan during 'Operation ChokePoint 2.0' on the grounds of non-profitability," adding, "We will not stay silent and will continue to speak out against practices that only pursue profits."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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