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BITCOIN news: JP Morgan's Jamie Dimon accused of market manipulation! BOUT TIME.

 
Anonymous Coward
User ID: 75287018
United States
09/22/2017 02:12 PM
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BITCOIN news: JP Morgan's Jamie Dimon accused of market manipulation! BOUT TIME.
Full article here: [link to www.cityam.com]

The good stuff:

The complaint said Dimon's statement negatively impacted "the cryptocurrency's price and reputation". It also said Dimon "knew, or ought to have known, that the information he disseminated was false and misleading".

"Jamie Dimon's public assertions did not only affect the reputation of bitcoin, they harmed the interests of some of his own clients and many young businesses that are working hard to create a better financial system,” said Florian Schweitzer, managing partner at Blockswater. &-

Blockswater said JP Morgan traded bitcoin derivatives for their clients on Stockholm-based exchange Nasdaq Nordic before and after Dimon's statements, which Schweitzer said "smells like market manipulation".

Blockswater works with blockchain-based assets based in London and Austria.

JP Morgan Chase declined to comment.
Festus Hoggbottom

User ID: 71195863
United States
09/22/2017 02:29 PM

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Re: BITCOIN news: JP Morgan's Jamie Dimon accused of market manipulation! BOUT TIME.
Accusations are cheap and easy. How about some charges?
I did it. I did it on purpose. And I'll do it again.
outoftime
User ID: 30857644
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09/22/2017 03:51 PM
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Re: BITCOIN news: JP Morgan's Jamie Dimon accused of market manipulation! BOUT TIME.
So if he said positive things it would have also impacted Btc so he would also have manipulated the price then.





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