Crypto De-banking: JPMorgan Closes Uniswap Founder’s Accounts

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Major banks do not have to take a public heavy-handed approach to the crypto industry that they loathe so much as they can operate in the shadows by quietly preventing crypto customers from having accounts.

Shadow Crypto De-Banking: JPMorgan Closes Uniswap Founder’s Accounts

He added that he knew of “many individuals and companies who have been similarly targeted simply for working in the crypto industry” before exclaiming, “thanks for making it a personal.”🧑‍💻 I know many individuals and companies who have been similarly targeted simply for working in the crypto industryThis would be the perfect way for banks to crack down on crypto without all the public fanfare.

Quintenz added that “if the examiner told a bank that a certain customer is too risky and the bank ended that relationship, the bank is contractually prevented from telling that customer why.”by pro-crypto senator Cynthia Lummis to hammer home the point.

 

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