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JPMorgan's Dimon regrets calling bitcoin a 'fraud': Fox

Reuters 

(Reuters) - JPMorgan Chief Executive Jamie Dimon regrets having called bitcoin a "fraud" but would still not be interested in the cryptocurrency, he said in an interview on Fox Business on Tuesday.Dimon, known for his candid comments, slammed the viability of bitcoin in September. "The currency isn't going to work. You can't have a business where people can invent a currency out of thin air and think that people who are buying it are really smart," he had said at a conference.The buzz generated by Dimon's comments spurred more interest in the alt-currency. Bitcoin rose around 30 percent in ...

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First Published: Tue, January 09 2018. 19:55 IST
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