Home / FINANCE / Markets / A crypto association took out an ad in a Wall Street Journal to poke fun during Jamie Dimon

A crypto association took out an ad in a Wall Street Journal to poke fun during Jamie Dimon


Jamie Dimon
Jamie Dimon called bitcoin ‘a fraud’ in
September.

REUTERS/Jason
Reed


A cryptocurrency association took out a full-page ad in The Wall
Street Journal to glow behind during JPMorgan CEO Jamie Dimon, who in
Sep called bitcoin “a fraud.”

The ad, taken out by Eidoo, a cryptocurrency wallet company, said
“Maybe Jamie will glow you. But we will be giveaway to trade in the
crypto world.”

That’s eluding to comments done by Dimon on Sep 12.

While vocalization during a Barclays financial conference,
Dimon bashed bitcoin observant it is in a burble “worse than tulips
bulbs.” Dimon combined that he would glow anyone at
a bank for trade a impassioned cryptocurrency for being
stupid. 

Bitcoin is adult some-more than 350% year-to-date. 

A full page ad in The Wall Street Journal can cost as much
as $354,823,
a high cost tab for most startups. But a company, which
provides an app for cryptocurrency investors to store their
several coins and tokens, appears to have income to spare. So far,
Eidoo has lifted some-more than 79,000 sky tokens in an initial
silver offering, according to its website. That’s value roughly
$23,700,000.

ICOs allow startups to lift income by issuing
their possess cryptocurrencies.

Recently, ICOs have
come underneath inspection from regulators since companies can
use them to raise discerning income but carrying to
disclose substantive information to investors. 

They’ve turn a heavenly of blockchain and cryptocurrency
startups looking to lift income but carrying to go by the
normal avenues of try collateral or an initial public
offering. 

Here’s a design of a ad:


Crypto adFrank Chaparro

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