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Author Topic: JPMorgan BUSTED for Money Laundering  (Read 238 times)
MWalk (OP)
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November 17, 2017, 04:42:51 PM
 #1

WOW

https://www.cryptocoinsnews.com/jpmorgan-busted-money-laundering-ceo-condemns-bitcoin/
nightmanisrightman
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November 17, 2017, 04:55:50 PM
 #2

Dont know if the source is credible but if true yes  Shocked Shocked! Shocking stuff to say the least but could we really be surprised after how last month they are manipulating markets by using the press so they could get cheaper bits?

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HabBear
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November 17, 2017, 05:15:41 PM
 #3

Ironic, indeed!

I did some research, it's not JP Morgan proper that's been busted for money laundering it was a Swiss-based subsidiary of JP Morgan. It still falls under their umbrella but it's not quite as damning.

Here's the original news source: https://www.handelszeitung.ch/unternehmen/finma-jp-morgan-schweiz-verstosst-gegen-geldwascherei-normen
krauzzer02
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November 17, 2017, 05:20:15 PM
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Bashing and accusing bitcoin all along and then created their own blockchain technology "Quorum" which the technology that the bitcoin is using and based on. It's really the opposite of what he is doing it is like hey lets ruin the bitcoin but please support our developed system that is based on blockchain which is where the btc is based on.

Now the karma is real, the saying what you saw you will reap is what's happening to Jamie Dimon. What you said that bitcoin is fraud and it is a mere tool for money laundering is what's really your doing right?
iram1011
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November 17, 2017, 05:30:28 PM
 #5

Ironic, indeed!

I did some research, it's not JP Morgan proper that's been busted for money laundering it was a Swiss-based subsidiary of JP Morgan. It still falls under their umbrella but it's not quite as damning.

Here's the original news source: https://www.handelszeitung.ch/unternehmen/finma-jp-morgan-schweiz-verstosst-gegen-geldwascherei-normen
Who cares if it is subsidiary. There are enough of allegations against the major JP Morgan too, the original Wall Street giant. Who doesn't knows the famous mortgage crisis. These banks who are highly exploiting people for their financial gains are calling Bitcoin a fraud. LOL! It has always been ironic.
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