Jamie Dimon Continues To Criticize Bitcoin, Cryptocurrency Falls – Presented by: The Aol. On Network

Bitcoin is not doing so well right now. The cryptocurrency has fallen more than 11 percent since CEO of JPMorgan, Jamie Dimon, called Bitcoin “a fraud.” Yet he’s not the only one wary of the new wave of currency. John Spallanzani, chief macro strategist at GFI Group, said the currency is hurting right for because the UK financial regulator FCA sounded the alarm over initial coin offerings, and because of the China crack down.

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