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JPMorgan launches new crypto fund for wealthy investors — after Jamie Dimon called bitcoin a ‘fraud’ and ‘Ponzi scheme’

JPMorgan launches new crypto fund for wealthy investors — after Jamie Dimon called bitcoin a ‘fraud’ and ‘Ponzi scheme’

The bank’s asset-management division, which handles $4 trillion, will start the fund with $100 million of its own money and open it to outside investors on Tuesday, the Wall Street Journal reported…
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Written by Shane

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