The CEO of investment bank JPMorgan again criticized bitcoin and said that the collapse of FTX should prompt officials to develop regulation of crypto assets as soon as possible.
Jamie Dimon did not miss the opportunity to once again express his negative attitude towards bitcoin, calling in an interview cryptocurrencies a decentralized Ponzi scheme, which is increasingly being promoted among the people and is in great demand. According to the head of JPMorgan, people will soon write hundreds of books about stolen crypto assets.
“Cryptocurrencies have driven people to hysterics. Many have suffered because of them: pensioners, people with low incomes … And this is a shame. Governments should be responsible for protecting investors,” Dimon rages.
He cited data from Chainalysis analysts that showed $9 billion in weekly losses related to FTX. investor protection. Many legislators and regulators have already begun to work on the issue, and for governments that have not yet thought about it, the time has come to begin this task, the JPMorgan CEO is convinced.
Jamie Dimon is known for his bitcoin skepticism as he considers BTC to be a worthless asset. However, Dimon has previously said that, despite his personal opinion on the first cryptocurrency, he is not going to impose his position on JPMorgan clients who are interested in investing in cryptocurrency products.
Source: Bits
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