Tyler Winklevos accuses JPMorgan of blocking Gemini for his criticism of the bank
Gemini’s co -founder, Tyler Winklevos, criticized JPMorgan’s decision to charge Fintech companies for accessing the information of his clients’ bank accounts. Now he says that the bank has retaliated.
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- Tyler Winklevos says that JPMorgan excludes Gemini as a client after criticism.
- Gemini’s co -founder criticized the bank’s decision to charge Fintech for customer information.
- Now he assures that JPMorgan is retaliation for the accusations.
- “Sorry, Jamie Dimon, we won’t be silent,” Winklevos said in X.
Tyler Winklevos, co -founder of cryptocurrency exchange Geminihe has accused JPMorgan Chase & Co. to pause the process of incorporating Gemini as a client due to the recent criticism of Winklevos towards the bank.
Winklevos shared the statement in an X post over the weekend, redoubled his criticism against the bank.
Last week, Winklevos had criticized JPMorgan on the social network, in response to a report of Bloomberg which revealed that the bank plans to start charging financial technology companies for accessing the information of its customer bank accounts. Many of these platforms serve as bridges between traditional banks and cryptocurrency services.
“JPMorgan and the bankers are trying to end the Fintech and cryptocurrency companies. They want to take away the right to access your free bank data through third -party applications“, Winklevos wrote on July 19.
JPMorgan and The Banksters are trying to Kill Fintech and Crypto Companies. They want to take Away Your Right to Access Your Banking Data For Free Via-Third Party Apps Like @Plaid and instead charge you and Fintechs exorbitant fees to access your data. This Will Bankrupt Fintechs … pic.twitter.com/lpdvgxvrkq
– Tyler Winklevos (@tyler) July 20, 2025
“This will ruin the Fintech that help you link your bank accounts with cryptocurrency companies such as Gemini, Coinbase and Kraken So you can easily deposit in your account with fiduciary money to buy bitcoin and cryptocurrencies“He continued.
“This is the type of atrocious regulatory capture that slows innovation, harms the US consumer and is harmful to the United States“, The cryptocurrency businessman sentenced.
Winklevos criticizes JPMorgan’s measure
JPMorgan He seemed to attend criticism in a statement to several news media, in which he assured that almost 2 billion monthly applications of user data come from third parties, most of them not linked to the real activity of the client. The bank added that, when charging rates, he explained that his goal is to stop misuse and protect consumers.
In a monitoring publication, Winklevos returned to the load on Friday to criticize the bank for trying to “discreetly, take away the right to access our bank data for free“Through third parties.
“My last week’s tweet touched the sensitive fiber. This week, JPMorgan told us that, because of this, they would pause Gemini’s reinstatement as a client after wearing us during the Chokepoint 2.0 ″ operationHe said, referring to the hostile policy of the Biden administration that restricted the access of cryptocurrency companies to bank services in the US.
My tweet from Last Week Struck A Nerve. This week, JPMorgan toled us that scholary of it they were pausing their re-onboarding of @Gemini As a Customer after they off-boarded us During Operation Chokepoint 2.0. They want us to Stay Silent Whil
– Tyler Winklevos (@tyler) July 25, 2025
“I’m sorry, Jamie Dimon, we won’t be silent. We will continue to denounce this anti -competitive and rentier behavior, as well as this immoral attempt to break the Fintech and cryptocurrency companies“, The co -founder of Gemini.
This is not the first time that Gemini and JPMorgan They face. As you remember Bloombergalready in 2023, the bank had told Gemini That another banking partner will look for because supporting it was no longer profitable, in the midst of the then regulatory and legal challenges of the company. The CEO of JPMorganJamie Dimon, has long been a critic of cryptocurrencies.
At the beginning of the month, Gemini He confidentially presented for an IPO in the midst of a broader interest of cryptocurrency companies to become public in the United States as Donald Trump’s administration smiles at the sector.
Hannah Estefanía Pérez / Diariobitcoin
Image generated with AI tool, under free use license
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