Swiss JPMorgan Subsidiary Charged With Money Laundering

It turns out karma is a very real thing. Not too long ago, JPMorgan Chase CEO Jamie Dimon called Bitcoin a tool for money laundering and made some other less-than-flattering comments about the world’s leading cryptocurrency. Karma has come a-knocking forΒ Dimon’sΒ institution, as one ofΒ its subsidiariesΒ has since been sanctioned for money laundering and violating supervision laws. Perhaps they should have used Bitcoin after all? JPMorgan and Money Laundering It is always funny to see banks try toΒ label Bitcoin as a tool used by criminals to facilitate fraud, money laundering, and even terrorist financing. In the end, however, these activities are always



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