JPMorgan Closes Uniswap Founder's Accounts
Big banks shouldn't publicly discriminate against the crypto industry they hate so much, but they can act sneakily by not allowing crypto clients to have accounts with them.
That's exactly what just happened to Uniswap founder Hayden Adams, according to a Jan. 23 tweet.
"This week JPMorgan Chase closed my bank accounts without notice or explanation. I know many people and companies who have also been attacked simply for working in the crypto industry. Thank you for making this personal," Adams wrote.
It would have been the perfect way for banks to crack down on crypto users without too much fuss. It was suggested by former Commodity Futures Trading Commission (CFTC) commissioner Brian Quintenz:
"Probably shady crypto debunking by Federal Reserve bank supervisors or the Office of the Comptroller of the Currency at the behest of the top," he reported.
