Bitcoin Basher Jamie Dimon Says He’s Not Gloating over Crypto’s Plunge

JP Morgan CEO Jamie Dimon became the undisputed captain of the bitcoin-bashing brigade in 2017 when he said that the white-hot cryptocurrency was a “fraud” that would eventually crash to zero. Now that the cryptocurrency market bubble has popped, though, he said that he doesn’t want to gloat.

Speaking on sidelines of the World Economic Forum in Davos, Dimon told CNBC that he “didn’t take any” joy in the fact that the bitcoin price, which once broached $20,000, has dropped 82 percent from its all-time high to a present level of $3,572.


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