The CEO of JPMorgan, the largest U.S. bank, just slammed Bitcoin as having “no intrinsic value” and being a tool for “s*x traffickers, money launderers, and ransomware.”

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This is coming from a man whose own bank has been fined billions for money laundering, market manipulation, and shady dealings. JPMorgan itself was caught facilitating money transfers for criminals, yet Dimon wants to paint Bitcoin as the real villain.