On October 12, the conservative influencer and political commentator, Candace Owens shared a letter on Twitter that shows JPMorgan allegedly closed Kanye West’s (also known as Ye) bank accounts. Some of the tweets made by this rapper and hip-hop artist have been deleted from Twitter.
Political Commentator Candace Owens Shares an Alleged Letter From JPMorgan to Kanye West, Letter Terminates the Bank’s Relationship With Rapper
American rapper, record producer, and songwriter. Ye (Kanye West)Has been getting a lot of criticism lately. While one of West’s tweets says; “Who you think created cancel culture?” on October 9, more recent tweets have been removed from the celebrity’s Twitter profile. Furthermore, Ye has been controversial for recently wearing a “White Lives Matter” t-shirt. Tweet shared on October 7, Ye shared an image of a hat that says “2024,” possibly hinting at another attempt to run for president of the United States.
The political commentator has been appointed to address all of the controversy surrounding the Atlanta-born singer. Candace OwensPublished a tweet sharing an alleged letter Ye got from JPMorgan.
“Earlier today I learned that [Kanye West] was officially kicked out of JP Morgan Chase bank,” Owens tweetedOn Wednesday. “I was told there was no official reason given, but they sent this letter as well to confirm that he has until late November to find another place for the Yeezy empire to bank.”
In this country, we have entered very scary times. It is still a debate that I want to have about who has brought us here.
Ye Responds, Says He’s Happy to Bring Bank Canceling to the Forefront of Conversations
Following the tweet from Owens, the New York Times’ Dealbook confirmed the letter’s authenticity. Ye shared his thoughts on the matter with Page Six, and noted that it was a happy accident. “Hey, if you call somebody out for bad business, that means you’re being antisemitic,” the rapper noted. “I feel happy to have crossed the line of that idea so we can speak openly about things like getting canceled by a bank.”
Ye’s story follows the recent report about Paypal’s terms of service, when the company sent out a terms of service (ToS) change in error. A copy of Paypal’s ToS had shown the company would fine users $2,500 for the spreading of what the firm called “misinformation.” However, Paypal retracted the user policy information after the social media backlash and said it was published in error. The payments company said: “An AUP notice recently went out in error that included incorrect information.”
“Delete Paypal” searches on the internet jumped 1,400% following the Paypal ToS mixup. Reddit users r/bitcoin urged crypto enthusiasts to move towards censorship-resistant currency like bitcoin (BTC) in the meantime. One Redditor wrote:
I’m not into pop culture or celebrities but this situation represents a colossal opportunity. It will bring so much attention to Bitcoin if this guy came out in response to JPMorgan on social media and simply said: ‘F*** the banks then, I’ll move over to Bitcoin.’
Let us know your thoughts on the allegations that JPMorgan broke off its partnership with Kanye West. Please comment below to let us know your thoughts on this topic.
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