JPMorgan CEO Jamie Dimon is facing scrutiny from the crypto community after being designated as an authorized participant (AP) by BlackRock in its proposed Bitcoin ETF application. This move has drawn criticism due to Dimon's previous negative remarks about cryptocurrencies, where he advocated for shutting them down and characterized Bitcoin as primarily serving criminal activities during a Senate Banking Committee hearing. The irony of JPMorgan's role as an AP in a Bitcoin-related venture has prompted accusations of inconsistency and has prompted questions about the bank's stance on digital assets.