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Jaime Dimon Expresses Disdain for Crypto at IIF Event

Katie Lin

Summary: JPMorgan CEO Jamie Dimon again called cryptocurrencies “decentralized Ponzis,” while praising blockchain technology, at an Institute for International Finance event in Washington, D.C. on Thursday. According to Dimon, that there was too much illegal activity in the crypto world; blockchain, on the other hand, offered "realness." Dimon has been widely known for his disdain for ...

JPMorgan CEO Jamie Dimon again called cryptocurrencies “decentralized Ponzis,” while praising blockchain technology, at an Institute for International Finance event in Washington, D.C. on Thursday.

According to Dimon, that there was too much illegal activity in the crypto world; blockchain, on the other hand, offered "realness."

Dimon has been widely known for his disdain for crypto. Just last month, he again called crypocurrencies “decentralized Ponzis" in congressional testimony.

Author: Katie Lin

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