Published by
Benzinga
Benzinga
In a statement in 2017, Jamie Dimon, the CEO of JP Morgan Chase & Co (NYSE:JPM), expressed his strong opposition to the popular cryptocurrency. Dimon referred to Bitcoin (CRYPTO: BTC) as a “fraud” and raised doubts about its long-term viability. What Happened: Speaking at the Delivering Alpha conference presented by CNBC and Institutional Investor, Dimon dismissed Bitcoin as “not a real thing” and predicted its eventual demise. He even mentioned that his own daughter had purchased some Bitcoin, indicating the widespread appeal of the digital currency during the surge that saw it skyrocket by o…