Tyler Winkelvos, co -founder of Gemini Jpmorgan Chase of stopping the exchange of encryption in response to his general criticism of the policy of access to the new data of the bank.
On Friday mail In X, Winklevoss claimed that Jpmorgan took revenge after calling for the new step of the new GIAN as an anti -competition behavior that could harm technology and encryption companies.
“A tweet from last week hit a nerve. This week, Jpmorgan told us that they were because they were stopping to re -insert them into Gemini as a customer after they laughed during the CokkePoint 2.0 operation,” he wrote the president of Gemini.
The conflict stems from the latest Bloomberg report, which revealed JPMorgan’s decision to impose fees on financial technology companies to access customer banking data – argued by the Winklevoss step as a “technical contract” that facilitates encryption purchases.
Related to: Analysts say that Trump’s presidency coincides with a “turning point” in the American encryption policy
Winklevoss says JPMorgan is trying to limit Fintech’s arrival
Winklevoss Jpmorgan was accused of trying to restrict free access to consumers to their banking data through Fintech Three Plastic Places like Plaid. Plaid is a third -party service that helps link financial accounts to a variety of online applications and services.
“Sorry Jimmy Damon, we will not remain silent. We will continue to call this anti -competition behavior and search for rent and an unethical attempt to bankrupt technology and encryption companies. We will never stop fighting for what is true!”
Gemini’s relationship with JPMorgan was rocky for years. In 2023, under the Biden Administration, the bank asked the stock exchange to find another banking partner, citing concerns related to profitability.
However, Gemini denied rumors. At that time, the stock exchange said, “Despite the opposite, the relationship of Gemini Banking is still intact with Jpmorgan.”
Cointelegraph communicate with Gueini and Jpmorgan to comment but did not receive the publication.
Related to: Gemini to launch encryption derivatives in Europe with a new license
Winklevoss twins align with Trump
Tyler and Cameron Winkelvos took themselves politically with Trump, which contributed to his previous campaign and the presence of many events of the White House. The duo even had the donations of Trump’s electoral campaign in 2024 after bitcoin donations exceeded the maximum allowed under federal law.
Last month, Gemini also applied for a preliminary general offer (IPO) with the US Securities and Stock Exchange Committee (SEC). The number of shares to be offered has not been determined and the price range per share has not been determined.
GEMINI was founded in 2014 by Twins Cameron and Tyler Winklevoss. In November 2021, Declare The donations of $ 400 million in rating $ 7.1 billion.
magazine: Trump’s encryption projects raise conflicts in interests, trading questions from the inside
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2025-07-26 10:07:00
