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International Business Times
International Business Times
Business
Nica Osorio

'Banks Should Stay Silent,' Crypto Community Lashes Out At Jamie Dimon's Anti-Crypto Tirade

Jamie Dimon Crypto Bitcoin JPMorgan Chase Jeffrey Epstein JP Morgan Senate Banking Committee

KEY POINTS

  • The broader crypto market enjoyed what seemed like the start of a bull market driven by Bitcoin's unstoppable rally this week
  • The uptrend, particularly in Bitcoin, was propelled by the hype surrounding possible spot Bitcoin ETF approvals
  • During a Senate Banking Committee hearing, Dimon said the "true use case" for crypto is criminal activities

The cryptocurrency community is upset with JPMorgan Chase CEO Jamie Dimon for his latest anti-crypto tirade. The billionaire claimed cryptocurrencies should be banned as they are used by criminals.

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