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JPMorgan CEO: Bitcoin Not a Fraud

Category: Bitcoin, Blockchain, Commentary, Finance, News

JPMorgan CEO: Bitcoin Not a Fraud

The CEO of the financial services company JP Morgan Chase “regrets” statements he made in September of 2017 when he publicly denounced bitcoin as being fraud. His accusations included claiming that the craze was worse than the much-referenced tulip bulb frenzy, and threatening to fire anyone “stupid enough to trade bitcoin.” Nonetheless, JP Morgan’s firms began openly trading bitcoin when…

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