The JP Morgan CEO, James Dimon, called Bitcoin a fraud and also drove the price down. Funny thing is, JP Morgan is part of the Enterprise Ethereum Alliance. Also, why would anyone want to listen to the the CEO of JP Morgan? He has everything to lose with the expanding availability of using an alternative currency.
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I believe he's involved in an blockchain open-source ethereum platform "Quorum". This is actually the 2nd development out of the JPM . The other one "Juno"