Financial large JPMorgan is within the crosshairs because the financial institution faces backlash and account closures following assaults on Bitcoin, together with treasury agency Strategy, and hyperlinks to the Epstein scandal. Bitcoin advocates, together with Grant Cardone, Jack Mallers, Max Keiser, and others, have declared battle towards the financial institution.
Strategy and Bitcoin Advocates Call for Boycott of JPMorgan
JPMorgan Chase’s ties with convicted intercourse offender Jeffrey Epstein sparked authorized and congressional scrutiny, monetary settlements, and inner investigations.
Now, the financial institution faces backlash from supporters of Bitcoin and Michael Saylor’s Strategy. It comes as JPMorgan sided with entities calling for MSTR delisting from MSCI USA and Nasdaq 100 amid over 50% Bitcoin holdings of Strategy.
Bitcoin advocates have known as for a boycott of JPMorgan attributable to its steady assaults on Bitcoin by the financial institution and CEO Jamie Dimon, sparking crypto debanking dangers. Notably, the most recent warning has pushed vital institutional outflows from Bitcoin and Ethereum ETFs.
Max Keiser shared that JPMorgan seems to have opened quick positions on MSTR. If MSTR inventory recovers, the financial institution would face heavy losses. Notably, the filings with the US SEC disclosed that the financial institution decreased its shareholdings by virtually 25% final quarter.
Banking Giant Faces Account Closures
Huge numbers of customers, which include hedge funds and industrialists, are reportedly closing their financial institution accounts as a part of the JPMorgan boycott. Many have expressed assist for Strategy amid delisting dangers, with Michael Saylor committing to buying Bitcoin regardless of the potential delisting jitters.
Equity fund supervisor and actual property investor Grant Cardone closed his JPMorgan account and shifted complete account to Wells Fargo. Also, he warned followers to keep away from Chase bank cards attributable to fraud issues.
Strike and Twenty One Capital CEO Jack Mallers revealed that the financial institution closed his account with out warning. He’s now banned from opening any future accounts regardless of his household’s lengthy shopper historical past with the financial institution. Mallers confirmed a framed letter by JPMorgan citing ‘compliance concerns’ and flagged ‘unusual account activity.’
Yes. A proud second.
So proud I acquired it framed. https://t.co/uo6v2Xfr8p pic.twitter.com/Myfo59Wn3B
— Jack Mallers (@jackmallers) November 23, 2025
At the time of writing, Bitcoin value has rebounded to $87,648 amid buy-the-dip sentiment and difficult MSTR quick positions. The 24-hour high and low are $85,404 and $88,038, respectively. Trading quantity has jumped by virtually 50% over the previous 24 hours, indicating large curiosity amongst merchants.
