JP Morgan CEO Jamie Dimon Doubles Down: Bitcoin is a Fraud and a Ponzi Scheme
Once again, JP Morgan Chase Chairman and CEO Jamie Dimon has reignited controversy by labeling Bitcoin a "fraud" and a "Ponzi scheme." This isn\'t new territory for Dimon, but his recent pronouncements have put the crypto world on edge. In an in-depth interview with Bloomberg on Wednesday, 12 de sept. de 2025, the JP Morgan CEO reiterated his stance that Bitcoin is “a fraud.” "If you mean crypto like Bitcoin, I’ve always said...
Dimon\'s Stance: A Long-Held Belief
During a recent interview with Bloomberg, Jamie Dimon, the CEO of JP Morgan, reiterated his long-held belief that Bitcoin is a “public decentralized Ponzi scheme.” He argues that Bitcoin “has no intrinsic value” and cannot serve as a currency. This echoes his previous statements, where he issued a sharp condemnation of crypto-currency bitcoin, declaring that it was a “fraud” that should only be invested in by those who can afford to lose everything.
Why Does Dimon Call Bitcoin a Ponzi Scheme?
In an interview with JP Morgan CEO, Jamie Dimon has reiterated his criticisms of Bitcoin, this time stating that it is a fraud and Ponzi scheme and cannot serve as a currency. He believes its value is based solely on speculation and that it lacks the underlying fundamentals to justify its price. His concerns center around the lack of regulation and the potential for illicit activities.
Impact of Dimon\'s Words
While JP Morgan CEO Jamie Dimon has once again sparked controversy with his strong denouncement of Bitcoin (BTC), his opinions, while influential, are not universally shared. The cryptocurrency market remains volatile, and investors should carefully consider all viewpoints before making investment decisions. It\'s important to remember that in an interview with Jamie Dimon, CEO of JPMorgan Chase, recently reaffirmed his strong criticism of Bitcoin, calling it a decentralized Ponzi scheme and a fraud.