Imagine being honest and buying btc with that 40 billion in fines.
#jpmorgan
2011
- JP Morgan FINED $228M Anticompetitive Conduct in Municipal Bonds
2012
- FINED $5.29B Foreclosure Abuses and “Robo-Signing”
- FINED $269.9M More Mortgage Misrepresentation
2013
- FINED $1.8B Improper Foreclosures Pt. 2
- FINED $410M Electricity Trading Scandal
- FINED $389M Illegal Credit Card Practices
- FINED $920M The London Whale
- FINED $5.1B The Fannie and Freddie Fines
- FINED $4.5B Institutional Mortgage Securities
- FINED $13B Misleading “Toxic Mortgages”
- FINED $108M Libor Rigging Scandal
2014
- FINED $1.7B Madoff Retribution
- FINED $1.34B Currency Manipulation
In this 3.5 year period JP Morgan's involvement in the financial crisis resulted in $35.24 BILLION IN FINES.
Cumulatively since the year 2000, JP Morgan has received a total of $39.34 BILLION IN FINES.
Currently, JPMorgan is facing nearly $350 million in fines from bank regulators due to its trade surveillance program.
#Bitcoin isn't the fraud Jamie. It's exists to put an end to the fraud.