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Cryptos are decentralised Ponzi schemes: JPMorgan CEO
short by Mansi Agarwal / on 23 Sep 2022,Friday
JPMorgan Chase CEO Jamie Dimon in a congressional testimony in US on Wednesday criticised cryptocurrencies and said they're "dangerous". "I'm a major skeptic on crypto tokens," he stated, adding, "They're decentralised Ponzi schemes, and the notion that's good for anybody is unbelievable." Dimon was speaking at a meeting of a committee that is working on a bill to regulate stablecoins.
short by Mansi Agarwal / 11:07 am on 23 Sep
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