Jamie Dimon recently called Bitcoin a fraud. However, if he actually looked up the definition in a dictionary, the word “fraud” defines JP Morgan Chase almost to a T, not Bitcoin.
If you watch the video, I go over just a few of the cases that were settled in which JP Morgan Chase paid fines accordingly. This was just over a three year span following the financial crisis of 2008, and they haven’t changed their ways, and Jamie Dimon is still in charge, not in jail, where he belongs.
http://www.dividend.com/dividend-education/a-brief-history-of-jp-morgans-massive-fines-jpm/
https://www.usatoday.com/story/money/business/2013/10/19/jpmorgan-chase-major-settlements/2901501/
https://www.forbes.com/sites/robertlenzner/2014/08/29/too-big-to-fail-banks-have-paid-251-billion-in-fines-for-sins-committed-since-2008/#895fc847f72b
https://www.forbes.com/sites/antoinegara/2014/11/12/jpmorgan-citi-among-five-banks-in-3-3-billion-forex-settlement/
https://www.justice.gov/opa/pr/justice-department-federal-and-state-partners-secure-record-13-billion-global-settlement
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