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Crypto is a complete sideshow, tokens are like 'pet rocks,' says JPMorgan CEO Jamie DimonJamie Dimon tells Davos that Bitcoin is a 'pet rock' that does nothing�except help with fraud and money laundering Jamie Dimon, chairman and. JPMorgan Chase CEO Jamie Dimon said he would close down crypto if he was the government during a Senate hearing on Wednesday. Dimon is a long-time bitcoin critic. The bank chief said in at peak crypto valuations that bitcoin was "worthless," and he doubled down on.