[JPMorgan Closes ShapeShift Executive's Account and Plans to Close His Personal Account] ShapeShift executive Houston Morgan stated that JPMorgan closed his business account last Friday and informed him that his personal account would be closed this week, citing the reason of 'protecting Chase's financial institution.' Morgan said the entire process was without warning, no request for additional information, and no opportunity for appeal. Previously, Strike CEO Jack Mallers' account was also closed. JPMorgan has not responded to requests for comment.