The real 'Wolf of Wall Street' who rose to infamy when he plead guilty to stockmarket manipulation has slammed Bitcoin, labelling the cryptocurrency a "huge danger."
Jordan Belfort, the former stockbroker whose life was depicted in the 2007 Hollywood blockbuster The Wolf of Wall Street, has told American media Bitcoin is a "huge, gigantic scam" that will "blow up in so many people's faces."
"What's happening is that there is all these copycat cryptocurrencies that are going out there and there's no actual regulation on the asset of Bitcoin itself," Belfort told CNN.
"There are people right now who are using the success of Bitcoin to create these massive pump-and-dumps with other cryptocurrencies — I think it's a huge danger right now."
Belfort, 55, said he believed Bitcoin would continue to rise in value before sensationally crashing down, reports News.com.au.