JPMorgan Chase is paying $200 million in fines to two U.S. banking regulators to settle charges that its Wall Street division allowed employees to use WhatsApp and other platforms to circumvent federal record-keeping laws.
$125 Million fine from the SEC, and Commodity Futures Trading Commission. And another $75 million for allowing unapproved communications since at least 2015. Just saying, this is the same bank that has kept talking shit about Crypto ever since the existence of Crypto.
Looks like Cryptocurrencies aren't the ones that are bad after all.
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