The JPMorgan crypto debanking controversy erupted when Strike CEO Jack Mallers accused the bank of closing his account and blocking customer deposits, citing alleged fraudulent activities. This incident reignites debates on “Operation Chokepoint 2.0,” where financial institutions restrict crypto firms, potentially driving innovation overseas. Senator Cynthia Lummis criticized the move as harmful to U.S. digital […]
Source: https://en.coinotag.com/jpmorgan-under-scrutiny-for-alleged-debanking-of-bitcoin-platform-strike