JPMorgan Halts Gemini Onboarding Amid Crypto CEO’s Policy Criticism IPO Preparations
Tyler Winklevoss, co-founder of cryptocurrency exchange Gemini, has accused JPMorgan Chase of halting the exchange’s onboarding process following his public criticism of the bank’s new policy on financial data access. In a post on X, Winklevoss stated that JPMorgan paused Gemini’s re-onboarding—a process initiated after the bank previously terminated their relationship during what he termed “Operation ChokePoint 2.0.” The move comes as Gemini prepares for a potential initial public offering (IPO), having confidentially filed with the U.S. Securities and Exchange Commission. Winklevoss criticized JPMorgan’s policy as anti-competitive, alleging it restricts consumer access to crypto via third-party fintech services like…
