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Jamie Dimon says bitcoin is the crypto of choice for 'sex traffickers, money launderers, ransomware'

  • Jamie Dimon, CEO of JPMorgan Chase, remains skeptical about bitcoin and its value.
  • Dimon believes that bitcoin is favored by criminals, including sex traffickers, money launderers, and ransomware operators.
  • He has previously compared cryptocurrencies to 'pet rocks' and fraudulent Ponzi schemes.
  • However, Dimon acknowledges the legitimacy of blockchain technology and states that JPMorgan is already utilizing it.

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