Bitcoin is ‘a hyped-up fraud’

JPMorgan CEO Jamie Dimon previously slammed Bitcoin as a “Ponzi scheme”. On Thursday, he told CNBC’s Squawk Box that crypto is a decentralised Ponzi scheme and that Bitcoin is just “hyped-up fraud.” Dimon says people have lost billions of dollars and believes regulators should have put a stop to crypto “a long time ago.” Not […]