Peter Schiff Warns: JPMorgan’s Crypto Loans Could Spark a Crash

Economist and long-time crypto critic Peter Schiff is sounding the alarm over JPMorgan’s decision to let institutional clients borrow against Bitcoin and Ether.

While many in the industry see it as a sign of growing legitimacy for digital assets, Schiff argues it’s a risky move that could amplify market leverage and set the stage for another major crypto collapse.