JPMorgan Caught — And Now They’re Scrambling for Cover 🚨🔥
After months of shutting down crypto accounts, blocking transactions, and quietly suffocating on-ramps, JPMorgan has finally responded to the “de-banking” accusations.
And guess what?
They’re pretending nothing happened.
🔻 JPMorgan’s Official Line:
“No coordinated effort against crypto. Just normal risk controls.”
Yeah, right.
🔻 Reality Check:
Multiple crypto firms had accounts frozen on the same week
Normal customer activity flagged as “suspicious”
Compliance docs submitted + ignored
Anyone touching crypto suddenly became a “risk”
This wasn’t risk management —
it was a chokehold.
🔻 Why JPMorgan Is Nervous Now
Because the industry fought back.
Because politicians are asking questions.
Because crypto isn’t a fringe club anymore — it’s a trillion-dollar threat to legacy banking.
And now JPMorgan wants to act like they’ve been “supporting innovation” the whole time?
Please.
Bottom Line:
Traditional banks don’t fear volatility.
They fear competition.
And crypto is the first competitor they can’t control.