JPMorgan CEO calls Bitcoin a ‘Ponzi Scheme’ despite JPMorgan’s involvement in Bitcoin ETFs

Jamie Dimon, JPMorgan CEO, called Bitcoin a “Ponzi scheme.” Dimon’s criticism comes despite JPMorgan’s involvement in Bitcoin ETFs. Bitcoin’s recent price volatility highlights ongoing debates in the cryptocurrency market. JPMorgan Chase CEO Jamie Dimon has once again voiced his scepticism towards Bitcoin (BTC), dubbing it a ‘Ponzi scheme’ during an interview on Bloomberg TV. During […]

Blast founder denies Ponzi scheme claims as TVL rockets past $400 million

Blast was supported by a $20Ms investment from notable backers like Paradigm and Standard Crypto at launch. Blast is facing Ponzi scheme claims. Roquerre clarifies that Blast’s 4 to 5% yield comes from reputable platforms like Lido and MakerDAO. In a recent twist of events, Blast has faced scrutiny and Ponzi scheme claims. However, the […]

Actor Ben McKenzie says crypto is like a ‘Ponzi scheme’

McKenzie says cryptocurrencies resemble an MLM scheme. He calls for the need to better regulate and license this market. Bitcoin is currently up a whopping 80% versus the start of 2023. An 80% year-to-date rally in Bitcoin is not enough to substantiate the legitimacy of cryptocurrencies for actor Ben McKenzie. McKenzie dubs crypto an MLM […]