Thursday, December 12, 2024

Tag: Shocker: World’s biggest bank CEO hates crypto

Shocker: World’s biggest bank CEO hates crypto

by Simon Black, Sovereign Man:

Yesterday Senator Elizabeth Warren used a Wall Street oversight hearing to whine about cryptocurrency.

At one point, almost as if a well-choreographed football play, she passed the ball to Jamie Dimon — CEO of JP Morgan Chase, the biggest bank in the world — to “explain why crypto is such an attractive financial tool for terrorists, drug traffickers, and rogue nations?”

It’s hard to imagine a more loaded question.

Mr. Dimon gleefully caught the pass and said: