Exposed: JPMorgan $39B in Fines Amid Dimon #Crypto Criticism - Who's the Real Criminal?

Via 🦆 🦆 memecoin

🎙️ Dimon's Senate Statement: Claims #Bitcoin  and cryptos mainly used for criminal activities. Suggested he would close down the crypto industry if possible.

Crypto Community Backlash:

• Highlighting JPMorgan's Fines: Pointed out the bank's $39.3 billion in fines since 2000.

• Dimon's Tenure Issues: Over $38 billion in fines under his leadership since 2005.

• Notable Violations: Epstein-related $75 million settlement, $13 billion mortgage deception fine, $1 billion metals market manipulation.

Shocking Revelation:

Cocaine Bust Involvement: Ship linked to JPMorgan fund in major cocaine bust.

JPMorgan's Crypto Ventures:

• JPM Coin Launch: Bank's own crypto token on private Ethereum blockchain.

• Blockchain Investments: Involvement in tokenization platform and Ethereum firm Consensys.

Fact-Checking Dimon:

• Community Notes on X: Less than 1% of crypto transactions linked to illegal activities.

• Crypto Community's Response: Emphasizes debate over crypto vs. traditional banking roles.

#JPMorgan #Ceo #BTC #News #RichQUACK🐤 via 🦆 🦆 🦆