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Benzinga
Benzinga
Business
Wahid Pessarlay

JPMorgan Closes Uniswap Founder's Bank Account; Described As A 'Shadow De-Banking Of Crypto'

Uniswap SEC United States US Securities and Exchange Commission

A few months ago, the US Securities and Exchange Commission (SEC) began investigating the operations of Uniswap (CRYPTO: UNI), the world’s largest decentralized exchange. Now comes news that the JPMorgan Chase & Co (NYSE:JPM) bank account of Uniswap's founder has been closed.

What happened: On Sunday, Hayden Adams tweeted that his bank account had been shut down without warning, and that he's not the only one to be targeted this way.

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