The crypto industry is once again at war with one of Wall Street’s most influential institutions. In just 48 hours, JPMorgan Chase, MSCI’s proposed index rule changes, and the abrupt closure of cryptocurrency payment app Strike CEO Jack Mallers’s personal bank accounts have combined into what many inside the Bitcoin community now describe as a new chapter of “Operation Chokepoint 2.0.” The backlash comes after MSCI’s January 2026 proposal to exclude companies whose balance sheets hold more than 50% crypt ...