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JPMorgan's CEO says he would fire traders who bet on 'fraud' bitcoin

Mr Dimon is sceptical that the authorities will allow a currency to exist without state oversight.

New York

JPMORGAN Chase & Co CEO Jamie Dimon said he would fire any employee trading bitcoin for being "stupid". The cryptocurrency "won't end well", he told an investor conference in New York on Tuesday, predicting that it will eventually blow up. "It's a fraud" and "worse than tulip

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