In January, the CEO of Coinbase, Brian Armstrong, went to Davos,
the famous conference in Switzerland where bigwigs schmooze and give talks.
But at least one person there was not happy to see him.
At one point, when Armstrong was sitting in a lounge,
having coffee with former British Prime Minister Tony Blair,
Jamie Dimon walked over and interrupted, and he said,
'You are full of sh*t,' and he pointed his finger in his face
and told him he needed to stop lying on TV.
That is just, like, not something you see every day.
The CEO of JPMorgan Chase, the biggest bank in America,
getting in somebody's face like that.
It was a unique scene in a public setting, also,
where lots of people witnessed this encounter because it was sort of out
in the open in Davos, and it spoke to
how the gloves have totally come off between both sides.
How did Brian Armstrong respond?
We're told Brian Armstrong sort of kept his cool, largely.
That's our colleague Amrith Ramkumar.
He covers tech and regulation.
He says that the Jamie Dimon-Brian Armstrong confrontation was about