A Possible Digital Currency Scam is Using JPMorgan's Branding

A Possible Digital Currency Scam is Using JPMorgan's Branding

A possible cryptocurrency scam is using JPMorgan & Chase's branding - and the bank isn't happy about it. In a message posted to its Chinese-language website, JPMorgan disavowed any relationship with the so-called "JPMCoin" or "Morgan Dollars", a virtual currency currently being pitched via Chinese social media platforms. The bank said in the statement: "JPM Coin is not a product of JPMorgan Chase nor of any of its affiliates in China or elsewhere. JPMorgan Chase has not authorised any virtual currency (of this type or similar in any way). JPMorgan Chase has not authorized references to....


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