The CEO of Gemini Jpmorgan is accused of sabotaging the movement of cash – the details of the CEO of Gemini accuses JP Morgan of sabotaging the movement of cash – details – star-news.press/wp

He accused the co -founder and CEO of Gemini Tyer Winklevoss Jpmorgan Chase & Co. By temporarily stopping the encryption exchange process as a customer after his recent criticism of the bank’s operations. This development represents the latest update of the rapid development situation among one of the main players in the encryption industry and the largest bank in the United States.

JPMorgan aims to silence: Winklevoss

In the X Publishing on July 19, Tyler Winklevoss He strongly criticized JPMorgan and its CEO, James Damon, after Bloomberg informed that The American bank was about to start charging companies to access customer data. The Gemini coach claimed that these new drawings were harmful, as he could go bankrupt from technologies that play an important role in linking bank accounts to customers to exchange encryption, empowerment of deposits and clouds.

Winklevoss explains that the “open banking base” under Article 1033 of the Consumer Financial Protection Law still gives all users the right to freely access their banking information through a third party, hinting that the new JPMorgan policy violates the law.

One week later, in a new mail On July 25, Tyler Winklevoss stipulates that JP Morgan has now stopped the registration of Gemini as a customer in response to these comments. This development comes after the American banking giant prepared the exchange of encryption during the CokePoint 2.0.

The co -founder of the Gemini said:

A tweet from last week hit the nerve. This week, Jpmorgan told us that because of this, they stopped re -stopping them @twin As a customer after they fell into us during the CokePoint 2.0 process. They want us to remain silent while trying quietly to take away your right to access your banking data for free through third -party technology like Pplaid.

However, according to Bloomberg, Jpmorgan claims that the new fee policy is targeted to ensure that data requests are accurately related to customers.

The American bank explains:

We receive approximately one billion monthly requests for client data from brokers, and more than 90 percent of these have nothing to do with the consumer using Fintech services. The presence of a shipping structure will ensure that the data is provided only when customers request it, and that the data brokers enhance a safe and safe environmental system that the system builds and maintains – and that their entire industry is built. “

After this development, encryption enthusiasts are now waiting for more updates on the issue, especially given the focus of US President Donald Trump on building a pro -abandoned business environment.

Overview of the encryption market

At the time of this report, the total ceiling of the Crypto market is still worth $ 3.84 trillion after winning 1.78 % in the past 24 hours.

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