Key Takeaways

JPMorgan shut Mallers’ accounts without a clear explanation.

Bitcoin supporters view it as part of broader industry pressure.

The move sparks doubts about the bank’s compliance with Trump’s order.

Criticism of JPMorgan Chase is growing after the bank closed the personal accounts of Jack Mallers, CEO of the Bitcoin payments company Strike.

The closure happened without warning, and many people in the Bitcoin industry believe it is another example of U.S. banks quietly refusing to work with Bitcoin companies and their leaders.

Mallers said the bank closed his accounts in September and did not give a real explanation. He said that every time…

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