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Today in crypto, Tyler Winklevoss claims JPMorgan paused Gemini's onboarding after he criticized the bankās data access fees, Etherās surging social dominance suggests a potential price correction is on the table. Meanwhile, Roman Stormās trial is set to enter closing statements next week.
Tyler Winklevoss claims JPMorgan blocked Gemini over public criticism
Gemini co-founder Tyler Winklevoss has accused JPMorgan Chase of halting the crypto exchangeās onboarding process in response to his public criticism of the bankās new data access policy.
In a Friday post on X, Winklevoss claimed JPMorgan retaliated after he called out the banking giantās new move as anti-competitive behavior that could harm fintech and crypto firms.
āMy tweet from last week struck a nerve. This week, JPMorgan told us that because of it they were pausing their re-onboarding of Gemini as a customer after they off-boarded us during Operation ChokePoint 2.0,ā the Gemini boss wrote.
The dispute stems from a recent Bloomberg report that revealed JPMorganās decision to charge financial technology firms for access to customer bank data ā a move Winklevoss argued would ābankrupt fintechsā that facilitate crypto purchases.
