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JP Morgan Accused of Manufacturing Oct 10 Crash Using 42-Day-Old Document
Yahoo Finance·2025-11-24 13:53

Analysts at Bitcoin For Corporations have accused JP Morgan Chase of causing the October 10 crypto market crash, citing a 42-day-old document that preceded the $19 billion liquidation cascade. Adrian, an analyst at Bitcoin For Corporations, said the Oct 10 crash feels manufactured. He pointed to a JPMorgan investor note warning that MicroStrategy (now Strategy) risked being dropped from the MSCI USA and Nasdaq 100 indexes, estimating $2.8 billion in outflows for the largest Bitcoin corporate holder. “Th ...