TechFlow, July 26 — According to Cointelegraph, Gemini exchange co-founder Tyler Winklevoss accused JPMorgan Chase of halting the process to reconnect Gemini's customers after he criticized the bank's new data access fee policy.
Tyler posted on X: "JPMorgan told us that because of my tweets last week, they are pausing the process of reconnecting Gemini's customers following 'Operation Debanking 2.0'." The dispute stems from JPMorgan's decision to charge fintech companies for accessing customer banking data.
Winklevoss accused JPMorgan of attempting to restrict consumers' free access to their own banking data through third-party fintech platforms like Plaid. Plaid is a third-party service that helps users link their financial accounts to various apps and online services. He described the move as an "anti-competitive, rent-seeking behavior" aimed at bankrupting fintech and cryptocurrency firms.
The Winklevoss brothers have aligned politically with Trump in recent years, and Gemini filed an IPO application with the SEC last month.
