Brian Armstrong, the CEO of Coinbase, found himself at the eye of a widening storm between Wall Street and the crypto industry last week at the World Economic Forum in Davos — and it got personal. 

During a chance encounter over coffee with former U.K. prime minister Tony Blair, JPMorgan Chase CEO Jamie Dimon abruptly cut in, pointing a finger and telling Armstrong bluntly, “You are full of s—,” according to reporting from The Wall Street Journal. The outburst underscored some of the raw tensions happening between traditional banks and crypto firms over the future of U.S. financial regulation.

The confrontation, described by some attendees as uncharacteristically heated…

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