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JPMorgan Chase Bank Account Freeze Pushes Miami Business Owner to Bankruptcy - JPMorgan Chase (NYSE:JPM)

Summary by Benzinga
A Miami-based entrepreneur was pushed to the brink of bankruptcy due to a nine-month-long freeze on his $65,000 by Chase Bank. What Happened: Sean May, a customer of Chase Bank, was unable to access his funds due to a suspected fraud. The funds were from a $65,000 check issued by the US government. According to a report, despite presenting a letter from the Internal Revenue Service (IRS) confirming the legitimacy of the check, JPMorgan Chase & C…

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The Daily Hodl broke the news in on Saturday, February 8, 2025.
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