An ex-JPMorgan Chase executive has admitted to stealing $2.4 million from the banks’ clients, new court documents show. In a judgment filed on March 15th at the US District Court in the Southern District of New York, Judge Denise L. Cote sentences Kevin Chiu to 48 months in prison after he pleaded guilty to bank […]
The post JPMorgan Chase Executive Steals $2,400,000 From Customers, Admits To Taking Cash from 74-Year Old Wheelchair-Bound Client appeared first on The Daily Hodl.
Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure on bitcoin as the halving approaches, “particularly against a positioning backdrop that still looks overbought despite the past week’s correction.” JPMorgan: ‘Bitcoin Remains in Overbought Territory’ JPMorgan’s analysts, led by global strategist […]
Eight financial giants are shelling out tens of millions of dollars to settle a decade-long whistleblower lawsuit. JPMorgan Chase, Bank of America, Citigroup, Morgan Stanley, Fifth Third Bancorp, Barclays, Bank of Montreal (BMO) and William Blair were sued in 2014, accused of reaping millions in illicit profits by rigging interest rates on municipal bonds. The […]
The post JPMorgan Chase, Bank of America and Six Financial Giants Pay $70,000,000 Settlement Over Allegations of ‘Widespread Fraud and Collusion’ appeared first on The Daily Hodl.
JPMorgan Chase reportedly refuses to reimburse a customer who says she warned the bank of suspicious activity – and then watched scammers drain her account over the course of three days. Houston resident Cindy Little says she recently received a text message from Chase letting her know that an “unknown” person had been added as […]
The post JPMorgan Chase Refuses To Reimburse Customer After $7,900 Drained From Bank Account in Brutal Three-Day Hack: Report appeared first on The Daily Hodl.
Longtime crypto skeptic JPMorgan chief executive Jamie Dimon says he will never buy Bitcoin (BTC) even as the digital asset soars to a new all-time high (ATH). In a new Reuters report, Dimon continues his criticism of Bitcoin during remarks at the Australian Financial Review business summit during a live stream from New York. He […]
The post Jamie Dimon Says He Won’t ‘Personally Ever Buy a Bitcoin’ As BTC Skyrockets to New All-Time High: Report appeared first on The Daily Hodl.
The chief executive of JPMorgan Chase, Jamie Dimon, has doubled down on his anti-crypto stance, declaring that he will never personally buy bitcoin. His investment bank, however, is an authorized participant for Blackrock’s spot bitcoin exchange-traded fund (ETF). Despite his personal reservations about bitcoin, Dimon acknowledged his clients’ interest and championed their freedom to invest. […]
A former JPMorgan Chase employee in Columbus, Ohio is heading to federal prison for stealing thousands of dollars from customers – while emptying people’s pockets in an online romance scam. Prince Oduro has been sentenced to 8.5 years in prison for money laundering and wire fraud, reports the NBC-affiliated news station WCMH-TV. The 34 year-old […]
The post JPMorgan Chase Employee Steals $1,800,000 From Customers and Victims of Elaborate Romance Scam: Report appeared first on The Daily Hodl.
A significant bitcoin “mega whale” moved 3,000 vintage bitcoins from 2010 as BTC peaked at $69,210. JPMorgan predicted a post-halving drop in bitcoin’s price to $42,000, citing current euphoria levels. Meanwhile, bitcoin cash experienced a 40% surge in anticipation of its halving event and a major 2024 upgrade. Additionally, rumors circulated about a Qatari billionaire’s […]
JPMorgan says the argument that bitcoin’s market cap would rise to $3.3 trillion if it matched gold in portfolios, implying more than doubling in price, overlooks risk. “It would be unrealistic to expect bitcoin to match gold within investors’ portfolios in notional amounts,” a JPMorgan strategist stressed, adding: “Most investors take risk and volatility into […]
JPMorgan has cautioned investors that the price of bitcoin could fall to $42,000 after the halving event in April. The global investment bank’s analysts explained that $42K is the level they “envisage bitcoin prices drifting towards once bitcoin-halving-induced euphoria subsides after April.” The bank also recently stated that the bitcoin halving and the next major […]