JP Morgan closed the bank accounts of Hayden Adams, the founder of Uniswap, one of the world’s largest DeFi exchanges. The bank did not comment on the matter. However, Adams was tough on this move.
Among the leading names of the traditional financial system and the decentralized financial system (DeFi) a remarkable development it happened. JP Morgan, one of the largest banks in the world, is the bank of Hayden Adams, the founder of Uniswap, one of the largest decentralized exchanges in the world. closed their accounts. Adams on the subject made very strong statements.
In the statements made by Uniswap founder Hayden Adams, JP Morgan’s without even notice He stated that he did such a thing, and that he was not the only person in this position. “This week JP Morgan closed my bank accounts without sending me any warning or explanation. Just because he works in the cryptocurrency industry with similar situations encountering I know many people and companies. Thanks for customizing this…There was no response against Adams, who used the expressions.
“May have been made by order from above”
US Commodity Futures Trading Commission (CFTC) former president Brian Quintenz also made some statements on the subject. “This has been done by the Fed or OCC inspectors, and most likely by a directive from above, the move to debank the crypto… If the inspector gives the bank information that the customer is in the risk class, the bank does not have to inform the customer when closing his account.” said Quintenz, explaining why such a thing could have happened.
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While JP Morgan is expected to make a statement on the subject, the relationship between the cryptocurrency community and traditional financial systems war It seems that this may not be the only thing. Because in the coming periods, we may witness tensions like this or much more severe than this. After all, the world of crypto money has transformed the traditional financial system. risking and no one knows yet who will win in the changing world order.
Source :
https://uzmancoin.com/jp-morgan-uniswap-kurucuuzun-banka-hesabini-kapatti/