Market Abuse Report filed over CEO Jamie Dimons Bitcoin comments

Blockswater, an algorithmic liquidity provider has filed a market abuse report against Jamie Dimon, JP Morgans CEO, for “spreading false and misleading information” about bitcoin

http://www.trustnodes.com/2017/09/21/market-abuse-report-filed-jp-morgans-ceo-bitcoin-comments

Blockswaters complaint was to Sweden’s Financial Supervisory Authority, They claim Dimon violated Article 12 of the European Union’s Market Abuse Regulation.

Shortly after their CEO Dimon called Bitcoin a fraud, JP Morgan bought 95 bitcoins.

Market abuse is a term for both insider dealings and market manipulation according to UK’s Financial Conducts Authority.

“Criminal sanctions for insider dealing and market manipulation can incur sentences of up to 7 years and unlimited fines.”

Hmm, looks like Dimon ruffled the wrong feathers. People aren't going to like you calling their answer to the problems you create a fraud Mr.Dimon. So shifty, but what have we come to expect from the banksters.