JPMorgan’s top quant strategist, echoing CEO, compares bitcoin to ‘pyramid scheme’ – CNBC


JPMorgan's top quant strategist, echoing CEO, compares bitcoin to 'pyramid scheme'
JPMorgan's Marko Kolanovic compared bitcoin trading to fraudulent pyramid schemes, reinforcing JPMorgan CEO Jamie Dimon's criticism earlier this week. Bitcoin surged more than 10 percent on Friday, but was still on track for a big weekly loss during a …
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