JPMorgan's Evolution in Bitcoin Investment
Jamie Dimon, the outspoken CEO of JPMorgan Chase & Co, has often made headlines with his critical comments on Bitcoin. In a memorable statement seven years ago, when Bitcoin was valued at $4,161.27, Dimon declared he would 'fire in a second' any trader caught dealing in the cryptocurrency. Describing Bitcoin as 'fraud' and comparing it to the infamous Dutch tulip mania, his remarks were unequivocal.
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