JPMorgan’s Stealth War on Crypto: Leaked Docs Reveal Systemic De-Banking of Digital Asset Advocates

Wall Street's quiet crackdown on crypto just got louder. JPMorgan Chase stands accused of orchestrating a coordinated campaign to strangle digital asset innovation—one bank account at a time.

Behind the velvet ropes of 'compliance,' leaked internal memos reveal a pattern of unexplained account closures, delayed transactions, and Kafkaesque paperwork demands targeting crypto entrepreneurs. No subpoenas. No fraud allegations. Just a slow bleed of financial access.

Banking's worst-kept secret? The old guard still sees crypto as an existential threat. While Jamie Dimon publicly trashes Bitcoin as 'worthless,' his institution appears to be playing regulatory arbitrage—using compliance theater to achieve what legislation hasn't: a de facto ban.

Meanwhile, crypto natives aren't waiting for permission. Decentralized finance protocols now process more daily volume than some national stock exchanges. The irony? JPMorgan's own blockchain division quietly courts the same clients its retail arm allegedly blacklists. Hypocrisy smells like a $3,000 suit and a 25-basis-point spread.

The takeaway? When legacy finance can't compete, it tries to contain. But the genie's out of the vault—and this time, the money doesn't need a bank to move.