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Dimon Knocks Bitcoin Again: Crackdown Likely on 'Worthless' Cryptocurrency

Coindesk Friday, 22 September 2017
Jamie Dimon, CEO of JPMorgan Chase bank, has expanded on his recent criticism of bitcoin, warning "it will end badly" for the tech.
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Source: Wochit Business - < > Embed

News video: JPMorgan's Jamie Dimon Talks Smack About Bitcoin, Value Plunges 10%

JPMorgan's Jamie Dimon Talks Smack About Bitcoin, Value Plunges 10% 00:58

Investors were in a hurry Wednesday to dump the cryptocurrency Bitcoin, after JPMorgan CEO Jamie Dimon warned that it “is a fraud” and will eventually “blow up”. Bitcoin is the original--and still the biggest--cryptocurrency, and has been on a tear in recent months. According to Reuters, it...

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