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Dimon Lambasts Cryptos During House Hearing

JPMorgan Chase CEO Jamie Dimon offered harsh words regarding his thoughts on cryptocurrency as he testified before Congress. So reports Cointelegraph.

At one point in his remarks, he referred to crypto tokens as “decentralized Ponzi schemes.” Dimon was more bullish, though, on blockchain in general, ledgers, smart contracts, DeFi and “tokens that do something.”

Read the full article from Cointelegraph.

 

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