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Jamie Dimon: Government Should Close Down CryptoBitcoin itself is a hyped-up fraud, it's a pet rock,� JPMorgan Chase & Co. CEO Jamie Dimon told CNBC Thursday on the sidelines of the World. CNBC anchor Joe Kernen pushed back on Dimon's claims that Bitcoin is a fraud on Thursday, arguing the cryptocurrency is a �store of value� that. Dimon explained the only �real use cases� for bitcoin are criminal activities like sex trafficking and money laundering, echoing his prior.
