Few days ago, JP Morgan CEO Jamie Dimon criticized Bitcoin and called it biggest “fraud” and he also mentioned that he would fire his employees if they are caught trading any digital currency.
But now Bitcoin.com reveals that JP Morgan has been routing their customer orders for XBT shares, exchange traded notes which track the price of bitcoin.
What do you think – is JP Morgan influencing Bitcoin pricing somehow? calling it “fraud” and getting involved in trading Bitcoin ETN. I think, Banks are afraid of possibilities of digital currency and they are trying to win loosing battle.