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JPMorgan Gets Pantsed by Frank

JPMorgan Gets Pantsed by Frank In a perverse development this week, the cohort of high profile venture investors whose gross negligence in due-diligencing their respective investments in FTX resulted in embarrassing write-downs, received some dubious validation as they added the good company of Wall Street giant JPMorgan to their “we got pantsed in the 2021 bubble” club. The story hitting the newscycle came from a lawsuit filed in December at a Delaware federal court – JPMorgan Chase Bank v. Javice, 22-cv-01621, US District Court, District of Delaware (Wilmington) – where JPMorgan alleges it was defrauded by the CEO of its 2021 acquisition target Frank

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