Winklevoss Alleges JPMorgan Suspended Gemini Onboarding Following Fee Criticism

Tyler Winklevoss, co-founder of Gemini, stated that JPMorgan Chase halted its onboarding process for the exchange following his criticism of the bank's new fee structure for fintech companies. Key points include:

Winklevoss criticized JPMorgan CEO Jamie Dimon for implementing fees on fintech platforms accessing customer banking data.
He warned this move could harm fintechs that connect bank accounts to crypto services.
JPMorgan defended its decision, citing misuse of data requests from third parties.
Winklevoss indicated that JPMorgan informed Gemini it was pausing re-onboarding.
Previously, JPMorgan had offboarded Gemini during Operation Choke Point 2.0, impacting several crypto firms.
Gemini filed confidentially for an IPO and has expanded its services to include tokenized stocks.