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Jamie Dimon calls bitcoin a 'fraud'

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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.

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