Jack Mallers, CEO of Strike, revealed that JPMorgan Chase closed his accounts without explanation, citing "concerning activity." This incident has raised fears about ongoing efforts to debank crypto-related individuals despite claims that such practices have ended.

Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase and CEO Jamie Dimon, claiming political debanking after the bank closed his accounts in 2021. The lawsuit accuses the bank of trade libel and violating Florida's trade practices act, alleging significant financial and reputational harm to Trump and his businesses.