JPMorgan CEO calls Bitcoin a ‘Ponzi Scheme’ despite JPMorgan’s involvement in Bitcoin ETFs
Jamie Dimon, JPMorgan CEO, called Bitcoin a “Ponzi scheme.” Dimon’s criticism comes despite JPMorgan’s involvement in Bitcoin ETFs. Bitcoin’s recent price volatility highlights ongoing debates in the cryptocurrency market. JPMorgan…
SEC sues HyperFund founders for $1.7B crypto ‘Ponzi’ scheme
HyperFund founders Lee and Chunga sued for $1.7B crypto scam. Chunga has agreed to a settlement, pending court approval, while Lee faces legal action. Additional charges have been filed by…
Blast founder denies Ponzi scheme claims as TVL rockets past $400 million
Blast was supported by a $20Ms investment from notable backers like Paradigm and Standard Crypto at launch. Blast is facing Ponzi scheme claims. Roquerre clarifies that Blast’s 4 to 5%…
Actor Ben McKenzie says crypto is like a ‘Ponzi scheme’
McKenzie says cryptocurrencies resemble an MLM scheme. He calls for the need to better regulate and license this market. Bitcoin is currently up a whopping 80% versus the start of…
Crypto is not a get-rich-quick scheme, says Finblox’s CEO
The CEO of Finblox believes that cryptocurrency is not a get-rich-quick asset class and… The post Crypto is not a get-rich-quick scheme, says Finblox’s CEO appeared first on CoinJournal.