Real estate investor Grant Cardone has sparked controversy by initiating a boycott of JPMorgan Chase following the bank’s prediction of significant outflows from investment firm Strategy, which he views as an attack on emerging financial technologies. Cardone took action after JPMorgan’s report warning about potential $2.8 billion in outflows from Strategy if it was removed from the MSCI index. He quickly transferred his funds to Wells Fargo and urged investors to stop using Chase credit cards. This unprecedented move has drawn attention as it represents a significant escalation in tension between traditional financial institutions and the cryptocurrency sector.