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JP Morgan Chase Gives Kanye West The Bank Boot After Anti-Semitism Messages

Things are not looking good for Kanye West following his anti-semitic remarks.

The rapper has received massive backlash after his hateful remarks on social media, and his latest fallout involves a financial institution ending their partnership with his Yeezy Brand.

Ye, as he is officially known, has been banned from most social media platforms since the incident.

Morgan Chase Terminates Contract With Kanye’s Yeezy

Ye’s ally Candace Owens, who was the only one to back down publicly, broke the news on Twitterwrote, “Earlier today I learned that @kanyewest has been officially kicked out of JP Morgan Chase bank. I was told no official reason was given, but they sent this letter as well to confirm that he has until the end of November to find another place for the Yeezy empire.”

Kanye "Yes" Western View in Los AngelesMEGA

Alongside the message, Owens shared a screenshot of a bank memo with the title “Closing Our Banking relationship. ” An excerpt of the email reads, “JPMorgan Chase Bank NA (the “Bank”) has decided to terminate its banking relationship with Yeezy LLC and its affiliated entities (collectively, the “Company”). To give the Company sufficient time to transition to another financial institution, we will continue to maintain the account, including all related products and services, until November 21, 2022.”

The financial institution advised that Yeezy LLC stop processing Company transactions and use products associated with the account five business days prior to closure. No specific reason for the shutdown was disclosed in the email.

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Owens expressed his displeasure about Morgan Chase’s new move, writing, “As I gather my thoughts on this matter, I want to say that I don’t care what you think about Ye West— but I do care a lot about what you think about this. We have reached a very scary time in this country. Who has brought us to this age is an ongoing discussion that I would like to open.”

The conservative political commentator promised to revisit the discussion tomorrow. The news received mixed signals from fans. While some have praised powerful financial institutions for taking a stand, others believe it sets a dangerous precedent.

One fan wrote, “People who say this is good don’t understand what a dangerous precedent this is setting. Tying banking to political trust is the beginning of a totalitarian system.”

Another comment read, “Hmm, so Kanye West says something negative about Jews owning all the banks and the entertainment industry etc and then all of a sudden, his bank says they don’t want to work with him. Yeah, I’m sure that will keep him from his feelings on the subject…riigghhtt.”

JPMorgan Chase's email to Kanye WestTwitter|@RealCandaceO

Ye Are Blocked From Many Social Media Platforms

The shocking move from JPMorgan Chase comes days after the “Praise God” rapper caused a stir on Twitter when he shared anti-Semitic sentiments and allegedly threatened Jews.

The tweet, which has since been removed, read, “I’m a little sleepy tonight, but when I wake up, I’ll be dead con 3 About JEWS The funny thing is I can’t actually be Anti-Semitic because black people are actually Jews too You have played tricks on me and tried to blackmail anyone who opposes your agenda.”

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Soon after, Ye, who had just returned to Twitter, was blocked and his account suspended for violating the platform’s policies. Before the controversy on Twitter, the 24-time Grammy Award winner faced similar punishment on Instagram.

Kanye’s tweet exemplifies why antisemitism is so hard to root out: it’s a self-validating conspiracy theory. Antisemites claim that Jews control everything. Then, if they are punished for their bigotry, they show that as proof. Their heads win, the Jews’ tails lose. pic.twitter.com/GPZRS7xGGm

— Yair Rosenberg (@Yair_Rosenberg) October 9, 2022

As The Blast reported, Ye shared a photo of an alleged chat with fellow rapper Sean “Diddy” Combs and accused him of being under Jewish control. Diddy has called Ye out, advising him to “stop playing this internet game.” In response, West said“This is not a game…..Ima is using you as an example to show the Jews who told you to call me that no one can threaten or influence me.”

Shortly after her account was banned by Meta and the fashion designer took to Twitter to slam Mark Zuckerberg for suspending her.

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Source: thtrangdai.edu.vn/en/