PANews reported on November 24th that Jack Mallers, CEO of Bitcoin finance company Twenty One Capital, shared a framed letter from Chase Bank. Dated September 2nd, 2025, the letter notifies him that his account will be closed due to compliance issues with the Bank Secrecy Act and other regulations, as well as unusual account activity discovered during a bank review. Chase Bank is a subsidiary of JPMorgan Chase, focusing on commercial and retail banking. Jack Mallers stated that despite his father's decades-long business dealings with JPMorgan Chase, the bank has prohibited him from opening any future accounts without providing any specific reason. Previously, the Bitcoin community and Strategy supporters called for a "boycott" of JPMorgan Chase in response to a report on MSCI's proposed new rules.PANews reported on November 24th that Jack Mallers, CEO of Bitcoin finance company Twenty One Capital, shared a framed letter from Chase Bank. Dated September 2nd, 2025, the letter notifies him that his account will be closed due to compliance issues with the Bank Secrecy Act and other regulations, as well as unusual account activity discovered during a bank review. Chase Bank is a subsidiary of JPMorgan Chase, focusing on commercial and retail banking. Jack Mallers stated that despite his father's decades-long business dealings with JPMorgan Chase, the bank has prohibited him from opening any future accounts without providing any specific reason. Previously, the Bitcoin community and Strategy supporters called for a "boycott" of JPMorgan Chase in response to a report on MSCI's proposed new rules.
Twenty One Capital CEO reveals his account was closed by JPMorgan Chase.
PANews reported on November 24th that Jack Mallers, CEO of Bitcoin finance company Twenty One Capital, shared a framed letter from Chase Bank. Dated September 2nd, 2025, the letter notifies him that his account will be closed due to compliance issues with the Bank Secrecy Act and other regulations, as well as unusual account activity discovered during a bank review. Chase Bank is a subsidiary of JPMorgan Chase, focusing on commercial and retail banking. Jack Mallers stated that despite his father's decades-long business dealings with JPMorgan Chase, the bank has prohibited him from opening any future accounts without providing any specific reason.
Previously, the Bitcoin community and Strategy supporters called for a "boycott" of JPMorgan Chase in response to a report on MSCI's proposed new rules.
Market Opportunity
Lorenzo Protocol Price(BANK)
$0.04949
$0.04949$0.04949
USD
Lorenzo Protocol (BANK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.
Daily market key data review and trend analysis, produced by PANews.
Share
PANews2025/04/30 13:50
The Week Ahead: Trump Davos Speech and PCE Inflation Data Release This Week
TLDR Markets are closed Monday for Martin Luther King Jr. holiday, with a shortened trading week ahead President Trump will speak at World Economic Forum in Davos
Share
Coincentral2026/01/18 22:44
Questionable Report About Trump’s Federal Reserve Commitment
The post Questionable Report About Trump’s Federal Reserve Commitment appeared on BitcoinEthereumNews.com. Key Points: False report claims Trump’s Federal Reserve
Share
BitcoinEthereumNews2026/01/18 22:44