According to recent updates, Kanye west, a re-known rapper has taken to Twitter to make complaints against J.P. Morgan. This news comes to light that J.P. Morgan recently cut its ties with Kanye West canceling his corporate bank account.
Read CRYPTONEWSLAND onWest states that he put $140 million into J.P. Morgan and they treated him like shit. There was no official reason given by the financial behemoth.
However, they sent a letter to confirm that he has until late November to find another place for the Yeezy empire to bank. This is according to Candace Owen`s Twitter thread.
In contrast, Kanye West, better known by his stage name Ye, was spotted on Monday wearing a Satoshi Nakamoto hat in tribute to the self-titled creator of Bitcoin.
Social media is awash with pictures of West sporting Satoshi, and the cryptocurrency world is understandably buzzing with conversation.
Naturally, the Cryptosphere was quick to point out the J.P. Morgan Chase closure of West’s account. They say that this is not something that would have happened with cryptocurrency.
The crypto market and its contemporaries typically highlight decentralization and the absence of censorship as the finest aspects. They went ahead to comment that they use West’s cancellation as an example.
Recently, financial platforms have come under increased fire for their censorship and strict rules, as in the case of PayPal.
A large percentage of the cryptocurrency community does not firmly endorse Kanye West. Many do recognize the significance of crypto in resisting censorship, which is in part why Bitcoin was developed.
It’s interesting to note that West has experience with blockchain-related projects. He submitted a trademark application to the patent office in June 2022 that dealt with NFTs and the metaverse.
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