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Michael Cembalest
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JPMorgan Asset Management Chief Slams Bitcoin in ‘Maltese Falcoin’ Report
In his 30-page investigation that riffs on the 1941 film “The Maltese Falcon,” Michael Cembalest, J.P. Morgan Asset & Wealth Management’s chairman of market and investment strategy, slams blockchain and crypto to say bitcoin’s lofty valuations are the “stuff that dreams are made of.”
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