Springfield, MO

Jamie Dimon calls bitcoin a 'fraud'

Posted online

JPMorgan Chase CEO Jamie Dimon has some harsh words about the popular cryptocurrency bitcoin.

Speaking at an investment conference, he said the digital currency is a "fraud." He also said the company would fire anyone at the bank who traded it "in a second."

Alluding to criminal activities surrounding bitcoin, Dimon said the currency is "stupid" and "far too dangerous."

Read more from CNNMoney.


No comments on this story |
Please log in to add your comment
Editors' Pick

Business Spotlight: Family Affair

Third generation of Carson-Mitchell Inc. assumes new leadership roles.

Most Read Poll
How do you feel about restaurants eliminating plastic straws?

View results