JPMorgan Metals Desk Was a Criminal Enterprise says U.S.

[phillymogul]

For almost 10 years JPMorgan Chase precious metals desk was fixing prices and racketeering.
Prosecutors charged the head of global precious metals trading operation and two others.

This is same company headed by Bitcoin critic Jamie Dimon. 
JPMorgan declined to comment. 

I wonder how investors feel about this criminal activity. 
Maybe Bitcoin will look better in their eyes.

link to article:
https://www.bloomberg.com/news/articles/2019-09-16/jpmorgan-s-metals-desk-was-a-criminal-enterprise-u-s-says

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[barbara44]

Why would he not be anti-bitcoin, when it is glaring that everything he has been doing is a scam which bitcoin will surely block when people start using bitcoin and also, he wants to get famous by being an anti bitcoin so that he can shill his own project that he will use to defraud people.

JP Morgan has always been a criminal which I have always known through his actions, and I really believe that the believe of people in bitcoin is really making things quite difficult for him in his illegal business deals, which is why is actually fighting against the bitcoin and it is a good thing that he has been exposed, all those fame he built by castigating bitcoin will really be a thing of the past now as people would not more pay attention to him.

[joelsamuya]

I am amazed with this turn of event. Jamie Dimon of JPMorgan became a very popular figure in the Bitcoin community due to his harsh verbal criticism of it and now we are hearing this news that his company is actually dealing things illegally. I am sure that the US government is making sure that this is going to be exposed so that other outfits will stop doing the same. Anyway, good luck to JPMorgan maybe it is time to get some good amount of dollars to fight this case.

[kryptqnick]

JP Morgan is famous and somehow has a good reputation as a company, but it is actually caught once in a while doing terrible things. Now we have this precious metals trading desk, and it's great that the situation is taken seriously by the prosecutor. Yet let's not forget that this is not the first time the company is in trouble. Not a long ago they were caught transporting drugs (!), $1 billion worth of cocaine: https://www.forbes.com/sites/giacomotognini/2019/07/15/italian-billionaire-couples-shipping-line-msc-involved-in-third-drug-bust-in-2019/. And, last year a branch was fined for not following the AML policies: https://www.bloomberg.com/news/articles/2018-12-28/hong-kong-watchdog-fines-jpmorgan-over-money-laundering-controls. Honestly, I am surprised that this company still exists after such huge scandals.

[Baby Dragon]

Why would he not be anti-bitcoin, when it is glaring that everything he has been doing is a scam which bitcoin will surely block when people start using bitcoin and also, he wants to get famous by being an anti bitcoin so that he can shill his own project that he will use to defraud people.

JP Morgan has always been a criminal which I have always known through his actions, and I really believe that the believe of people in bitcoin is really making things quite difficult for him in his illegal business deals, which is why is actually fighting against the bitcoin and it is a good thing that he has been exposed, all those fame he built by castigating bitcoin will really be a thing of the past now as people would not more pay attention to him.

Indeed, well they think that hating bitcoin might help them get some benefits but they don't even think that they are just making their situation worst. Do they actually think that hating bitcoin has a huge impact? maybe it is but bitcoin is able to face problems in the past years and I know that it can handle any challenges. People nowadays choose to do something bad but its okay because no matter what they do, they have to suffer and face the consequences.

[Mandoy]

JP Morgan is always telling bitcoin a scam. He wants bitcoin to drop its value and then one time he buys the dip. JPMorgan is one of the hated personality who is against bitcoin and seeing his downfall has made some bitcoin users with a smirk in his face. The so called JPMorgan who talks that bitcoin is a scam is a drug dealer there was a time when his ship was seized and the Feds have seized 1 billion dollars worth of cocaine. And it is really true that his metals desk was a criminal enterprise since he himself is a drug trafficker.

[franky1]

if top guys knew about what was happening on the metals desk.. do you really think they would only use it for the metals desk..
things will soon come to light that it was used on other desks too

[Jating]

Obviously, those people's word are not to be taken seriously. That time Jamie Dimon was attacking bitcoin because they wanted to bring the price down so that they can buy it at a cheap price which is very effective and then they sold it out take millions in profit.

JP Morgan is always telling bitcoin a scam. He wants bitcoin to drop its value and then one time he buys the dip. JPMorgan is one of the hated personality who is against bitcoin and seeing his downfall has made some bitcoin users with a smirk in his face. The so called JPMorgan who talks that bitcoin is a scam is a drug dealer there was a time when his ship was seized and the Feds have seized 1 billion dollars worth of cocaine. And it is really true that his metals desk was a criminal enterprise since he himself is a drug trafficker.

As far as the latest scandal they themselves gets in, those bad actors hiding behind JPMorgan should be tried in legal court so that those victims can be vindicated and really exposed how shady those individuals working for one of the biggest banks. So that future investors will think twice and probably would go into cryptos.