JPMorgan Chase accused of squeezing the cryptocurrency industry through high fees "

Crypto 7x24

2025-08-02 18:22:53

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Online reports, according to Bitcoin.com News, venture capital firm a16z accused JPMorgan Chase of squeezing the cryptocurrency industry by charging high fees, an act known as "Operation Chokepoint 3.0." According to reports, JPMorgan's tactics may prevent apps such as Coinbase and Robinhood from accessing bank data. Venture capital partner Arampell called on the incoming Trump administration to intervene before banks "kill competition."

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