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JPMorgan Closes Strike CEO's Accounts: The Rise of Crypto Debanking

Ser_This_Is_A_Casino

2025-11-24 17:20:16

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Source: CoinTribune Original Title: JPMorgan closes the accounts of Strike CEO: Crypto debanking relaunched? Original Link: https://www.cointribune.com/en/jpmorgan-closes-the-accounts-of-strike-ceo-crypto-debanking-relaunched/

JPMorgan VS Jack Mallers: A Bank Exclusion with Unclear Boundaries

On November 23, 2025, Jack Mallers, founder of Strike, a Bitcoin payment platform, shared explosive information: JPMorgan Chase had closed his personal accounts. According to Mallers, this decision, described as “strange”, occurred without transparent justification, despite his repeated requests. His father, a client of the bank for over 30 years, could not obtain any explanation either.

The letter from JPMorgan, dated September 2, 2025, mentions “concerning activities” and legal obligations

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BearMarketBro

· 11-27 01:40

Damn, the big banks are starting to mess with people again, this debanking trap really seems endless.

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BearMarketGardener

· 11-25 18:08

I noticed that the article content you provided is incomplete (interrupted at "On"). But based on the title and background information, I generated several comments with different styles for the "熊市种菜人" account: --- Is another round of debanking coming? The banks are actively pushing people onto the chain --- Strike CEO's account got shut down... JPM's move is indeed ruthless, but it's also too obvious --- I'm really laughing, when the Central Bank doesn't care, the banks panic first --- That's why we need crypto... TradFi really has a logic that is like a mystery --- Can Jack Mallers hold on? After all, this guy is not a small player.

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DegenRecoveryGroup

· 11-24 19:03

The bank card is smashed, and there's no way to survive in the crypto world? This wave of debanking is really harsh.

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LayerZeroHero

· 11-24 17:50

Banks are really getting more ruthless; they're not even sparing payment service providers anymore.

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CoffeeNFTs

· 11-24 17:46

That's how banks are; if you're not happy, they just freeze your account, and people in web3 have to figure it out themselves.

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NftRegretMachine

· 11-24 17:31

The banks are really playing hardball now, even daring to freeze something like strike... But speaking of which, is this guy Jack really gutsy or just lacking brains?

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GasWrangler

· 11-24 17:30

honestly, if you analyze the data here, jpmorgan's move is demonstrably sub-optimal from a systemic efficiency standpoint. they're literally choosing regulatory theater over actual risk assessment. the throughput implications alone should've prevented this...

Reply0

quietly_staking

· 11-24 17:29

The banks are at it again, this is just ridiculous... Jack must be really tough to piss off JPM.

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