Ripple CEO accuses JPMorgan of misrepresentation
Ripple CEO Brad Garlinghouse responded to JPMorgan CEO Jamie Dimon’s opposition to the Clarity Act.
Garlinghouse stated that Dimon has been dismissing the crypto industry for decades.
He believes that since JPMorgan generates $20 billion in revenue and over $5 billion in profit from its payments business, Dimon’s attempt to block the bill is to protect this business.