JP Morgan cuts ties with Kanye West after critical public comments - financial services get weaponized exemplifying the need for crypto/DeFi!

Banking behemoth JP Morgan allegedly terminated the accounts of rapper Kanye West amidst his recent comments on the Jewish community. Kanye West will now need to find a new bank to hold his multi-billion dollar Yeezy brand because the bank where all of his money was kept has kicked him out. While his conducts are questionable/not right (not to be discussed here), it is not the duty of a public company to politically weaponize their services and decide what is right and what is wrong.

Following the PayPal scandal (more info here: https://www.foxbusiness.com/economy/paypal-user-agreement-fining-users-promoting-misinformation-sent-error-spox-says) this is the next popular example why crypto and services that “Bank the unbanked” become more and more needed and we should continue to push for the adoption of decentralized finance!

More info here: https://www.marca.com/en/lifestyle/celebrities/2022/10/13/63478c0646163f71238b45b3.html