Gemini CEO Accuses JPMorgan of Onboarding Sabotage Following Criticism
Gemini CEO Tyler Winklevoss has publicly accused JPMorgan Chase of halting the crypto exchange's onboarding process as a retaliatory measure. The move comes after Winklevoss criticized the bank's plan to charge fees for customer data access, which he claims violates open banking regulations.
The conflict escalated when JPMorgan reportedly paused Gemini's onboarding, marking another chapter in the tense relationship between traditional finance and crypto firms. Winklevoss framed the action as an attempt to silence dissent against the bank's policies.