BlockBeats News, November 24th, Strike CEO Jack Mallers stated on Sunday that JPMorgan Chase closed his bank account last month without providing a reasonable explanation. After being questioned, JPMorgan Chase responded that the account had “concerning activity.”
In response, there is widespread concern in the market that Operation Chokepoint 2.0 is still in effect. Operation Chokepoint 2.0 refers to a coordinated action allegedly taken by U.S. federal banking regulators during the Biden administration aimed at pressuring traditional financial institutions to refuse services to businesses, executives, and individuals in the cryptocurrency ecosystem.
